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Florida

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 Florida 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 Florida 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%
FloridaCocoa2012Antennas, Waveguides & Related Equipment$79,954-$7,196-$14,392
FloridaCocoa2012Bearings, Plain, Unmounted$323,537-$29,118-$58,237
FloridaCocoa2012Beverages, Nonalcoholic$7,010-$631-$1,262
FloridaCocoa2012Blocks Tackle Rigging and Slings$75,081-$6,757-$13,515
FloridaCocoa2012Chain and Wire Rope$7,397-$666-$1,331
FloridaCocoa2012Converters, Electrical, Nonrotating$25,324-$2,279-$4,558
FloridaCocoa2012Deck Machinery$37,762-$3,399-$6,797
FloridaCocoa2012Decontaminating and Impregnating Equip$5,746-$517-$1,034
FloridaCocoa2012Electric Services$6,500-$585-$1,170
FloridaCocoa2012Electrical & Elct Properties Meas & Tst Instrumnts$13,990-$1,259-$2,518
FloridaCocoa2012Filters and Networks$18,471-$1,662-$3,325
FloridaCocoa2012Fittings and Specialties; Hose, Pipe, Tube$7,658-$689-$1,378
FloridaCocoa2012Fittings for Rope, Cable, And Chain$4,405-$396-$793
FloridaCocoa2012Fuel Burning Equipment Units$9,070-$816-$1,633
FloridaCocoa2012Hazardous Mat Spill Cont & Clean-Up Eq & Mat$36,906-$3,322-$6,643
FloridaCocoa2012Lease or Rental of Eq/Ship & Marine Equipment$558,200-$50,238-$100,476
FloridaCocoa2012Marine Charter for Things$804,977-$72,448-$144,896
FloridaCocoa2012Meteorological Instruments and Apparatus$6,232-$561-$1,122
FloridaCocoa2012Misc Alarm, Signal and Security Detection Systems$16,135-$1,452-$2,904
FloridaCocoa2012Misc Electrical & Electronic Components$31,037-$2,793-$5,587
FloridaCocoa2012Misc Fabricated Nonmetallic Materials$3,028-$273-$545
FloridaCocoa2012Miscellaneous Communication Equipment$15,601-$1,404-$2,808
FloridaCocoa2012Miscellaneous Hardware$3,598-$324-$648
FloridaCocoa2012Other Management Support Services$986,158-$88,754-$177,508
FloridaCocoa2012Packing and Gasket Materials$59,166-$5,325-$10,650
FloridaCocoa2012Physical Properties Testing Equipment$140,829-$12,675-$25,349
FloridaCocoa2012Pipe and Tube$4,977-$448-$896
FloridaCocoa2012Pontoons and Floating Docks$37,304-$3,357-$6,715
FloridaCocoa2012Power and Hand Pumps$9,230-$831-$1,661
FloridaCocoa2012Safety and Rescue Equipment$10,732-$966-$1,932
FloridaCocoa2012Small Craft$37,304-$3,357-$6,715
FloridaCocoa2012Specialized Shipping & Storage Containers$15,141-$1,363-$2,725
FloridaCocoa2012Switches$42,315-$3,808-$7,617
FloridaCocoa2012Torque Converters and Speed Changers$6,536-$588-$1,176
FloridaCocoa2012Vehicular Brake, Steering, Axle Wheel Comp$41,358-$3,722-$7,444
TOTAL   $3,488,669-$313,979-$627,960

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 18:29:28 www.forthecommondefense.org