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New Jersey

Defense Breakdown Economic Impact Report
By Place of Performance Data -- Sorted by Contracting Office

(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 New Jersey 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 New Jersey 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 YearGco$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
New JerseyLumberton2012ACA, Fort Knox$15,000-$1,350-$2,700
New JerseyLumberton2012Crane Division Naval Surface$66,730-$6,006-$12,011
New JerseyLumberton2012Defense Logistics Agency$21,074-$1,897-$3,793
New JerseyLumberton2012DLA Maritime - Pearl Harbor$4,145-$373-$746
New JerseyLumberton2012DLA Maritime - Portsmouth$25,762-$2,319-$4,637
New JerseyLumberton2012DLA Maritime - Puget Sound$20,176-$1,816-$3,632
New JerseyLumberton2012DSC Columbus$140,923-$12,683-$25,366
New JerseyLumberton2012DSC Richmond$9,398-$846-$1,692
New JerseyLumberton2012DSCC Maritime Supplier$68,907-$6,202-$12,403
New JerseyLumberton2012DSCC/Maritime Supplier Oper$105,098-$9,459-$18,918
New JerseyLumberton2012Fisc Puget Sound$6,171-$555-$1,111
New JerseyLumberton2012Fleet and Industrial Supply Cent$46,076-$4,147-$8,294
New JerseyLumberton2012Letterkenny Army Depot$371,643-$33,448-$66,896
New JerseyLumberton2012Naval Air Warfare Center Air Div$28,047-$2,524-$5,048
New JerseyLumberton2012Naval Inventory Control Point ME$33,346-$3,001-$6,002
New JerseyLumberton2012Naval Undersea Warfare Center$37,678-$3,391-$6,782
New JerseyLumberton2012Receiving Officer$2,319-$209-$417
New JerseyLumberton2012Space and Naval Warfare Systems$11,076-$997-$1,994
New JerseyLumberton2012USA Communications-Electronics$425,022-$38,252-$76,504
New JerseyLumberton2012USPFO for New Jersey$13,650-$1,229-$2,457
New JerseyLumberton2012W31R Endist Afghanistan South$8,120-$731-$1,462
TOTAL   $1,460,361-$131,435-$262,865

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 17:28:31 www.forthecommondefense.org