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Military Reviews 'Advance Purchasing' for Missiles to Boost Procurement Efficiency
Defense authorities are reviewing a plan to adopt an "advance purchasing" method for missiles and ammunition to improve procurement efficiency. The goal of this measure is to stabilize the supply chain by reducing time delays and financial burdens incurred during the current munitions procurement process.
The advance purchasing method focuses on securing quantities in advance to lower unit prices and ensure the stability of the military supply chain.
Attention is now focused on the specific procedures and timing for how this plan will be reflected in actual budget formulation and contract processes.
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