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In 2000 the military procurement budget was $134 billion.
The cost of corruption $1.2bn The entire military procurement budget for 2004-2005, wasch wastolenen.
The Pentagon now spends 45% of its procurement budget on electronics.
Even with the latest boost, Russia's procurement budget is only about 4% of America's.
Foreign companies currently account for less than 1percentt of NASA's $9.4 billion procurement budget.
A 20% saving on the £50bn council procurement budget would be awesome.
The Pentagon's procurement budget was tight, military stocks were plummeting, and Defense Secretary Donald H. Rumsfeld was considering deep cuts.
"Trident is likely to take up between a third and a half of the entire defence procurement budget for the 2020s".
Germany's procurement budget is less than half what it was ten years ago, which means that Dasa's defence business although drastically rationalised is losing money.
Anti-corruption campaigners estimate 30% of the annual procurement budget was stolen: that's $15bn a year, the same amount Ukraine is now begging from the IMF.
Air Chief Marshal Stirrup and Sir Bill had also faced criticism of the way the procurement budget for equipment had been spent.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com