you may or may not ask yourself eman investor what is a Program of Record? Well a ...

A Program of Record (POR) is an Acquisition Program which is a directed, funded effort that provides a new, improved, or continuing materiel, weapon, or information system or service capability in response to an approved need. Acquisition programs are divided into categories that are established to facilitate decentralized decision making, execution, and compliance with statutory requirements. The Program of Record is as-recorded in the current Future Year's Defense Program (FYDP) or as updated from the last FYDP by approved program documentation (e.g., APB, acquisition strategy, SAR, etc.). When this happens, the program becomes a "line item record" in the budget -- hence the term "program of record.