A 1959 study of the impact of past and future Defense Department expenditures on the Gross National Product. The costs of current (1958) and future weapon systems are described in terms of three cost categories: research, development, test and evaluation; initial investment; and annual operation. Total systems costs as well as the costs of individual systems are examined, and a pattern of expenditures is projected which indicates that a larger portion of funds will be spent on R&D and on investment in future USAF weapon systems. The major result of this shift in spending will be seen in the choice of weapon systems available for procurement in future periods. Further, the repertory of available systems will be the result of cost allocations made in the preceding 5 to 10 year period.
This report is part of the RAND Corporation Research memorandum series. The Research Memorandum was a product of the RAND Corporation from 1948 to 1973 that represented working papers meant to report current results of RAND research to appropriate audiences.
Our mission to help improve policy and decisionmaking through research and analysis is enabled through our core values of quality and objectivity and our unwavering commitment to the highest level of integrity and ethical behavior. To help ensure our research and analysis are rigorous, objective, and nonpartisan, we subject our research publications to a robust and exacting quality-assurance process; avoid both the appearance and reality of financial and other conflicts of interest through staff training, project screening, and a policy of mandatory disclosure; and pursue transparency in our research engagements through our commitment to the open publication of our research findings and recommendations, disclosure of the source of funding of published research, and policies to ensure intellectual independence. For more information, visit www.rand.org/about/principles.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.