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Connecticut

Defense Breakdown Economic Impact Report
By Place of Performance Data -- Sorted by Product or Service

(FY 2012 Defense Contracts Baseline Data)

Estimated 9% to 18% Annual Budget Reductions Starting in FY 2013

Go to www.forthecommondefense.org/reports to view detailed reports on Connecticut counties, cities, Congressional Districts, industries, small businesses and information on sources and methodology.


         BACKGROUND ON THE DEFENSE BUDGET CUTS: 2013-2021

  • Our military is carrying an unfair burden of deficit cuts. To date, our Defense budget has been hit with 50% of deficit reduction -- yet it accounts for less than 20% of total federal spending. As a result of these cuts, in 2012 President Obama limited U.S. military capability to fighting one "regional conflict" and one "holding action."
     
  • Sequestration Defense budget cuts of $500 billion, combined with previous Defense cuts of another $487 billion, will cut defense spending in local communities by 9% to 18% between 2013 and 2021.
     
  • These reports show how estimates of defense budget reductions from 9% to 18% could affect Connecticut with cuts in defense jobs and businesses. Ask your elected officials for ongoing updates on how these defense cuts will affect your community.
     
  • Alternative solutions have been proposed to maintain a strong defense, reduce our deficit and avoid tax increases. Elected officials have proposed that the President and Congress reduce mandatory entitlement spending and make cuts in the non-security programs in the Federal budget. Over 60% of federal spending goes to entitlements like Social Security, Medicare, Medicaid and now Obamacare.
 

StateCityContract YearProduct or Service$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
ConnecticutJewett City2012Dev of Environ Impact Statements & Assessments$28,875-$2,599-$5,198
ConnecticutJewett City2012Elec Insulators and Insulating Material$23,933-$2,154-$4,308
ConnecticutJewett City2012Fittings and Specialties; Hose, Pipe, Tube$5,074-$457-$913
ConnecticutJewett City2012Guns, 75 MM Through 125 MM$70,134-$6,312-$12,624
ConnecticutJewett City2012Guns, Through 30 MM$7,405-$666-$1,333
ConnecticutJewett City2012Hazardous Substance Removal/Cleanup/Disposal SVCS$9,900-$891-$1,782
ConnecticutJewett City2012Launchers, Torpedo and Depth Charge$8,445-$760-$1,520
ConnecticutJewett City2012Miscellaneous Power Transmission Equip$4,465-$402-$804
ConnecticutJewett City2012Miscellaneous Weapons$5,978-$538-$1,076
ConnecticutJewett City2012Nuts and Washers$6,845-$616-$1,232
ConnecticutJewett City2012Other Social Services$31,500-$2,835-$5,670
ConnecticutJewett City2012Weapons Maint & Repair Shop Spec Eq$2,704-$243-$487
TOTAL   $205,258-$18,473-$36,947

Data sources and more data available at www.governmentcontractswon.com, compiled from public data at www.fpds.gov

Created by the Center for Security Policy Defense Breakdown Economic Impact Report Generator (v.2.8.0-PoP) November 6, 2013 18:28:04 www.forthecommondefense.org