This year, the Department of Defense was authorized to spend $34 billion more on research and development than it was two years ago and only $18 billion more on procurement of new aircraft and ships.

LONDON--(BUSINESS WIRE)--Quantzig, a leader in delivering scalable analytics solutions and data science services, today announced the completion of its recent article that sheds light on the role of ...

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...

AI—and specifically generative AI—has proven to be the most breathlessly hyped technology ever to hit the procurement function. When it burst onto the scene, it was trumpeted less as a technology and ...

The unveiling of DeepSeek, a cutting-edge artificial intelligence (AI) model with unprecedented capabilities, has sent shockwaves through multiple industries, including avionics. AI is already ...

LONDON--(BUSINESS WIRE)--The Learning and Development market will register an incremental spend of about $191 billion, growing at a CAGR of 8.47% during the five-year forecast period. A targeted ...

The main types of procurement Procurement can be classified in several ways. Broadly, it can refer to what is being purchased, such as direct versus indirect procurement, as well as how the ...