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New York

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 York 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 York 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 YorkIslandia2012ACFT Hydraulic, Vacuum & DE-Icing Sys Comp$12,500-$1,125-$2,250
New YorkIslandia2012Aircraft Wheel and Brake Systems$3,360-$302-$605
New YorkIslandia2012Airframe Structural Components$86,605-$7,794-$15,589
New YorkIslandia2012Amplifiers$33,338-$3,000-$6,001
New YorkIslandia2012Bars and Rods, Iron & Steel$400-$36-$72
New YorkIslandia2012Connectors, Electrical$7,803-$702-$1,405
New YorkIslandia2012Electrical Control Equipment$52,055-$4,685-$9,370
New YorkIslandia2012Electrical Hardware and Supplies$103,120-$9,281-$18,562
New YorkIslandia2012Fastening Devices$1,500-$135-$270
New YorkIslandia2012Fittings and Specialties; Hose, Pipe, Tube$4,890-$440-$880
New YorkIslandia2012Gas Turbines and Jet Engines, ACFT & Comps$29,700-$2,673-$5,346
New YorkIslandia2012Helicopter Rotor Blades, Drive Mechanisms & Compon$5,000-$450-$900
New YorkIslandia2012Metal Heat Treating & Non-Thermal Equip$21,267-$1,914-$3,828
New YorkIslandia2012Misc Electric Power & Distribution Eq$92,474-$8,323-$16,645
New YorkIslandia2012Misc Electrical & Electronic Components$78,904-$7,101-$14,203
New YorkIslandia2012Misc Fabricated Nonmetallic Materials$4,070-$366-$733
New YorkIslandia2012Misc Household & Coml Furnishings & Appliances$44,166-$3,975-$7,950
New YorkIslandia2012Misc Welding, Soldering & Brazing Supply$48,470-$4,362-$8,725
New YorkIslandia2012Miscellaneous Hardware$2,375-$214-$428
New YorkIslandia2012MSL Aircraft Accessories and Components$6,200-$558-$1,116
New YorkIslandia2012Packing and Gasket Materials$14,835-$1,335-$2,670
New YorkIslandia2012Plastics Fabricated Materials$2,240-$202-$403
New YorkIslandia2012Power and Hand Pumps$84,150-$7,574-$15,147
New YorkIslandia2012Relays and Solenoids$250-$23-$45
New YorkIslandia2012Rivets$3,520-$317-$634
New YorkIslandia2012Rubber Fabricated Materials$8,194-$737-$1,475
New YorkIslandia2012Signs, Advertizing Displays, And Ident Plates$1,120-$101-$202
New YorkIslandia2012Valves, Nonpowered$3,675-$331-$662
TOTAL   $756,181-$68,056-$136,116

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 19:09:11 www.forthecommondefense.org