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The weakest link in the design of high-efficiency drilling operations is the readiness of cutting tool users/machining operation designer/planners and cutting tool manufacturers plus the lack of relevant research works on the modern hole making operations. This book addresses the most important issues in drilling operations, and is designed to familiarize application specialists with properly defined basic concepts, terminology, and essentials of drilling. Materials common for making drilling tools are considered from the point of the cutting tool design and implementation to deliver an unprecedented depth of scientific and technical explanation needed for proper manufacturing and selection of a tool material for any given application.