rmccormick

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Rhys McCormick

About Rhys McCormick

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So far Rhys McCormick has created 2 blog entries.

Measuring the Impact of Sequestration and the Defense Drawdown on the Industrial Base

The presence of a technologically superior defense industrial base has been a foundation of U.S. strategy since 1945. While the implementation of the budget cuts in the Budget Control Act of 2011 has caused concerns for the industrial base, the resulting debate has been lacking in empirical analysis. The purpose of this research is to measure the impact of the current defense drawdown across all the tiers of the industrial base. The technical approach analyzes prime and subprime DoD contract data to measures the impacts of the drawdown by sector to better understand how prime and subprime contractors have responded to this external market shock. Download Report Here > Rhys McCormick is a research associate with the Defense-Industrial ... Read more

The Army Modernization Challenge

During the most recent defense drawdown, the Army elected to prioritize funding for readiness and limit reductions in force structure, and it has been willing to trade off modernization funding in favor of these other priorities. As shown in Figure 1, since 2008, Army modernization ([1] Procurement; and [2] Research, Development, Testing, and Evaluation (RDT&E) accounts) funding has fallen precipitously. Since 2008, Army modernization total obligation authority (TOA) has fallen by 74 percent in real terms. As a result of both declining obligations for the Mine-Resistant Ambush Protected (MRAP) vehicle and the cancellation of several Major Defense Acquisition Programs (MDAPs) prior to entering the production phase, Army  procurement has fallen 78 percent since 2008. Simultaneously, Army RDT&E funding has fallen ... Read more