LIFE CYCLE COST (LCC) FOR MILITARY SYSTEMS
LIFE CYCLE COST (LCC) FOR MILITARY SYSTEMS

Summary/Abstract: In an era of rapidly changing technology, every military establishment and culture faces major problem. That problem is not what new weapon system should be bought, but how best to reduce the Total Operating Cost (TOC) of existing weapon systems. The difficult question that keeps decision makers and Life Cycle Management (LCM) on edge is in how to manage and maintain that current system during its operation life until disposal or retirement in such a way as to reduce its cost, i.e. to save money and time. Each country is faced with rising costs in maintenance.

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