For the Common Defense


FY 2012 Detailed ReportsFY 2012 Summary ReportsResources
All 50 States Detailed ReportsAll 50 States Summary ReportsAll Congressional District Spreadsheet Reports
New Jersey Contractor Location Data ReportsUSA Overview Summary ReportGovernment Contracting Office Glossary
New Jersey Place of Performance Data ReportsNew Jersey Summary ReportFAQ
  Sequestration Whitepaper
  FY 2011 Reports Archive
  FY 2010 Reports Archive

New Jersey

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 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 YearProduct or Service$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
New JerseyMontville2012Aircraft Landing Equipment$8,125-$731-$1,463
New JerseyMontville2012Bearings, Plain, Unmounted$27,600-$2,484-$4,968
New JerseyMontville2012Centrifugals, Separators, And Press and Vac Filt$353,175-$31,786-$63,572
New JerseyMontville2012Chain and Wire Rope$8,100-$729-$1,458
New JerseyMontville2012Coil, Flat, And Wire Springs$107,925-$9,713-$19,427
New JerseyMontville2012Coils and Transformers$62,540-$5,629-$11,257
New JerseyMontville2012Combination & Miscellaneous Instruments$95,850-$8,627-$17,253
New JerseyMontville2012Compressors and Vacuum Pumps$6,120-$551-$1,102
New JerseyMontville2012Converters, Electrical, Nonrotating$30,910-$2,782-$5,564
New JerseyMontville2012Fans, Air Circulators, & Blower Equip$10,750-$968-$1,935
New JerseyMontville2012Fittings and Specialties; Hose, Pipe, Tube$222,640-$20,038-$40,075
New JerseyMontville2012Knobs and Pointers$17,155-$1,544-$3,088
New JerseyMontville2012Motors, Electrical$18,167-$1,635-$3,270
New JerseyMontville2012Nuts and Washers$23,688-$2,132-$4,264
New JerseyMontville2012O-Ring$3,393-$305-$611
New JerseyMontville2012Packing and Gasket Materials$53,615-$4,825-$9,651
New JerseyMontville2012Production Jigs, Fixtures and Templates$11,443-$1,030-$2,060
New JerseyMontville2012Relays and Solenoids$15,640-$1,408-$2,815
New JerseyMontville2012Rings, Shims, And Spacers$83,033-$7,473-$14,946
New JerseyMontville2012Safety and Rescue Equipment$93,975-$8,458-$16,916
New JerseyMontville2012Screws$66,550-$5,990-$11,979
New JerseyMontville2012Valves, Nonpowered$7,680,013-$691,201-$1,382,402
New JerseyMontville2012Valves, Powered$6,693,022-$602,372-$1,204,744
TOTAL   $15,693,429-$1,412,411-$2,824,820

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 19:03:29 www.forthecommondefense.org