Better Buying Power Initiative 2.0

1,053 views · Published 24 May 2013 · 1:09:25 · Indexed 30 October 2026

Channel: Center for Strategic & International Studies · 2013 · Education

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With introductory remarks by: Dr. Ash Carter Deputy Secretary of Defense
THURSDAY, MAY 23, 2013
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Featuring   
The Honorable Frank Kendall
Under Secretary of Defense for Acquisition, Technology and Logistics 

In September 2010, then-Under Secretary of Defense for Acquisition, Technology and Logistics Ashton B. Carter introduced guidance for the Better Buying Power initiative for efficiencies in defense procurement spending. In November 2012, under Secretary Kendall expanded the initiative to cover six key areas: targeting affordability and controlling cost growth, incentivizing productivity and innovation in industry, promoting real competition, improving tradecraft in services acquisition, reducing non-productive processes and bureaucracy, and improving the professionalism of the total acquisition workforce. Under Secretary Kendall will provide an update to how the Department is implementing Better Buying Power 2.0.

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