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Virginia

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 Virginia 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 Virginia 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.
 

StateCountyContract YearGco$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
VirginiaNottoway2012ACA, Army Reserve Contracting CE$289,124-$26,021-$52,042
VirginiaNottoway2012ACA, Fort Knox$24,750-$2,228-$4,455
VirginiaNottoway2012ACA, NRCC - General Support Divi$103,358-$9,302-$18,604
VirginiaNottoway2012ACA, NRCC - Installation Support$14,025-$1,262-$2,525
VirginiaNottoway2012MARSOC Contracting M67906$11,610-$1,045-$2,090
VirginiaNottoway2012Naval Air Warfare Center$292,138-$26,292-$52,585
VirginiaNottoway2012Naval Special Warfare Group One$148,650-$13,379-$26,757
VirginiaNottoway2012Naval Surface Warfare Center$62,537-$5,628-$11,257
VirginiaNottoway2012OIC Direct Support Stock Control$33,530-$3,018-$6,035
VirginiaNottoway2012Special Boat Squadron Two (SBR-2$6,989-$629-$1,258
VirginiaNottoway2012USA Engineer District Norfolk$3,087,170-$277,845-$555,691
VirginiaNottoway2012USPFO for North Carolina$205,368-$18,483-$36,966
VirginiaNottoway2012USPFO for Virginia$4,134,554-$372,110-$744,220
TOTAL   $8,413,803-$757,242-$1,514,485

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 18:13:03 www.forthecommondefense.org