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DSMC was born at a time of great turmoil for the acquisition community. Those days have faded in the public memory, but many of you here probably remember all too well the allegations of massive claims for ship building, cost and schedule overruns, test deficiencies, an adversarial business-government relationship and other horror stories. In that atmosphere, in 1969, David Packard pulled together a group to review the management of our defense acquisition system. This group found that a consolidated education and research institution could provide the foundation for a stronger system. With that recommendation in hand, David Packard envisioned a school to train managers from every corner of the acquisition community, anyone from the GS-13 or O-5 action officer to the most senior leadership in the Department. This school would keep them all current on cutting edge management practices, through education, through research and through advisory support. For the last 25 years, DSMC has fulfilled that vision; today, it is a premier acquisition teaching and research facility, providing advice and disseminating information to the entire acquisition community and to the private sector.