System acquisition programs can be divided into stages separated by points where major decisions or sets of decisions are made. Specific sequences of procurement decisions are referred to here as a procurement strategy. Various different procurement strategies applied to systems acquisition programs are examined. Their merits, limitations, and conditions for application are outlined. Selection of a strategy based on the specific characteristics of each separate program is discussed. In particular, the need to evaluate the costs and benefits associated with each specific application of the alternative strategies is emphasized. 16 pp.