Augustine, costs and defense industries

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Abstract

Augustine weapons systems are presented as a new class of economic good. Their distinguishing characteristics are identified in the form of advanced technology, inter-generational cost escalation and small quantities. A distinction is made between cost increases between generations of weapons and falling unit costs within a generation of equipment. The impact of Augustine weapons on learning curves is assessed and the article concludes with an evaluation of Augustine systems for the future defense industrial base.

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APA

Hartley, K. (2022). Augustine, costs and defense industries. Economics of Peace and Security Journal, 17(1), 30–36. https://doi.org/10.15355/epsj.17.1.30

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