What is an acquisition strategy?

The strategy guides acquisition program execution across the entire program (or system) life cycle. It defines the relationship between the acquisition phases and work efforts, and key program events such as decision points, reviews, contract awards, test activities, production lot/delivery quantities, and operational deployment objectives.

What is the difference between acquisition strategy and approved strategy?

The Acquisition Strategy guides program execution across the entire program life cycle and is updated at every major milestone and review. An approved strategy is reviewed and approved by the Milestone Decision Authority (MDA) at Milestone A and the Development RFP Decision Point.

Why do companies use strategic acquisition?

(Definition, Benefits and Tips) When companies use strategic acquisition to merge with another firm, they are often looking to gain financial benefits for their future endeavors. This endeavor is a viable business venture with the potential to boost a company's customer base and boost brand recognition.