Life Cycle Management of Military Equipment: Experiences, Expectations and Opportunities for Collaboration

1.7.2023 – 31.12.2023

 

 

“Procurement of military equipment represents not only a potential improvement of defence capabilities, but also, in most cases, a significant burden on the budget of the Ministry of Defence and public finances as a whole. When assessing the price, the public is usually confronted only with the so-called acquisition price of the equipment, which often does not take into account the total life cycle including service, logistics, training, but also the cost of the actual decommissioning of the equipment from the use of the armed forces. Such a comprehensive view then shows a much more realistic view of the public requirements. It is therefore imperative that the complex process of assessing and procuring new military equipment is addressed through the lens of tracking all costs, which can give us a much more accurate/precise perception of the total costs required.

The project “Life Cycle Management of Military Equipment: Experiences, Expectations and Opportunities for Collaboration” was made possible thanks to the support of the Ministry of Defence of the SR and Rheinmetall MAN.

READ MORE:https://iceoz.sk/en/life-cycle-management-of-military-equipment-experiences-expectations-and-opportunities-for-collaboration-4/