Defence procurement refers to the process by which governments or organizations acquire military equipment, goods, and services to support their national defence capabilities. The procurement process typically involves several stages, including requirement identification, budget allocation, tendering, evaluation of proposals, contract negotiation, and finally, the acquisition and deployment of the selected equipment. This process is often complex and highly regulated to ensure transparency, fairness, and accountability in the spending of public funds. Key stakeholders in defence procurement include government agencies, military departments, defence contractors, and sometimes international partners.
