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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 JerseyWhippany2012Aircraft Ground Servicing Equipment$74,013-$6,661-$13,322
New JerseyWhippany2012Airframe Structural Components$346,333-$31,170-$62,340
New JerseyWhippany2012Bearings, Antifriction, Unmounted$105,653-$9,509-$19,018
New JerseyWhippany2012Bearings, Plain, Unmounted$240,476-$21,643-$43,286
New JerseyWhippany2012Beverages, Nonalcoholic$19,473-$1,753-$3,505
New JerseyWhippany2012Blocks Tackle Rigging and Slings$254,756-$22,928-$45,856
New JerseyWhippany2012Cable, Cord, Wire Assemblies: Comm Equip$291,355-$26,222-$52,444
New JerseyWhippany2012Cartridge & Propellant Actuated DV & Comps$324,119-$29,171-$58,341
New JerseyWhippany2012Chain and Wire Rope$625,889-$56,330-$112,660
New JerseyWhippany2012Chemicals$563,996-$50,760-$101,519
New JerseyWhippany2012Coil, Flat, And Wire Springs$20,305-$1,827-$3,655
New JerseyWhippany2012Education Services$8,000-$720-$1,440
New JerseyWhippany2012Electrical Hardware and Supplies$21,126-$1,901-$3,803
New JerseyWhippany2012Fittings for Rope, Cable, And Chain$1,052,304-$94,707-$189,415
New JerseyWhippany2012Gases, Compressed and Liquefied$912,553-$82,130-$164,260
New JerseyWhippany2012Gears, Pulleys, Sprockets and Trans Chain$73,179-$6,586-$13,172
New JerseyWhippany2012Hardware, Weapon System$14,547-$1,309-$2,618
New JerseyWhippany2012Helicopter Rotor Blades, Drive Mechanisms & Compon$1,213,546-$109,219-$218,438
New JerseyWhippany2012Launchers, Rocket and Pyrotechnic$2,859,723-$257,375-$514,750
New JerseyWhippany2012Maint & Repair of Eq/Aircraft Comps & Accys$5,537,439-$498,370-$996,739
New JerseyWhippany2012Misc Electric Power & Distribution Eq$325,374-$29,284-$58,567
New JerseyWhippany2012Miscellaneous Hardware$951,645-$85,648-$171,296
New JerseyWhippany2012Miscellaneous Power Transmission Equip$19,720-$1,775-$3,550
New JerseyWhippany2012Motors, Electrical$444,289-$39,986-$79,972
New JerseyWhippany2012MSL Aircraft Accessories and Components$14,909,179-$1,341,826-$2,683,652
New JerseyWhippany2012Nails, Keys, And Pins$20,595-$1,854-$3,707
New JerseyWhippany2012Nuts and Washers$5,687-$512-$1,024
New JerseyWhippany2012Other Professional Services$5,349,000-$481,410-$962,820
New JerseyWhippany2012Packing and Gasket Materials$47,172-$4,245-$8,491
New JerseyWhippany2012Parachutes and Cargo Tie Down Equipment$399,852-$35,987-$71,973
New JerseyWhippany2012Plastics Fabricated Materials$5,096-$459-$917
New JerseyWhippany2012RDTE/Aircraft-Applied Research$1,124,989-$101,249-$202,498
New JerseyWhippany2012RDTE/Other Defense-Eng/Manuf Develop$323,470-$29,112-$58,225
New JerseyWhippany2012RDTE/Services-Basic Research$69,999-$6,300-$12,600
New JerseyWhippany2012RDTE/Weapons-Demo/Valid$100,000-$9,000-$18,000
New JerseyWhippany2012Relays and Solenoids$12,232-$1,101-$2,202
New JerseyWhippany2012Rings, Shims, And Spacers$69,024-$6,212-$12,424
New JerseyWhippany2012Rocket Maint, Repair, & Checkout Spec Equip$278,319-$25,049-$50,097
New JerseyWhippany2012Screws$6,397-$576-$1,151
New JerseyWhippany2012Switches$4,536-$408-$816
New JerseyWhippany2012Toilet Soap, Shaving Prep & Dentifrices$61,650-$5,549-$11,097
TOTAL   $39,087,010-$3,517,833-$7,035,660

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 19:05:15 www.forthecommondefense.org