According to the Defense Acquisition University, acquisition logistics is "a multi-functional, technical management discipline associated with the design, development, test, production, fielding, sustainment, and improvement modifications of cost effective systems that achieve the user's peacetime and wartime readiness requirements. The principal objectives of acquisition logistics are to ensure that support considerations are an integral part of the system's design requirements, that the system can be cost effectively supported throughout its life-cycle, and that the product support elements necessary to the initial fielding and operational support of the system are identified, developed and acquired." 
In LMI's view, acquisition logistics is synonymous with logistics engineering. The term logistics engineering is preferable, because engineering connotes a process of creation and aligns the process within the larger systems engineering context, and also because the design of support may not always be tied to system development or acquisition. Furthermore, the term "acquisition" is widely understood by government (particularly military) systems engineers to refer to the procurement of system development services and products from the private sector, but is less commonly recognized -- or even carries a different meaning -- in some commercial sectors.
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