For the Common Defense


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

Virginia

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 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 YearProduct or Service$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
VirginiaGloucester2012Eng Air & Oil Fil, Strainers, & Cleaners, Nonacft$192,000-$17,280-$34,560
VirginiaGloucester2012Engine Fuel Sys Components, Nonaircraft$5,972-$537-$1,075
VirginiaGloucester2012Gears, Pulleys, Sprockets and Trans Chain$4,941-$445-$889
VirginiaGloucester2012Maint & Repair of Eq/Maintenance & Repair Shop Eq$412-$37-$74
VirginiaGloucester2012Maint & Repair of Eq/Materials Handling Equipment$8,189-$737-$1,474
VirginiaGloucester2012Maint & Repair of Eq/Weapons$268,262-$24,144-$48,287
VirginiaGloucester2012Meat, Poultry, And Fish$733,080-$65,977-$131,954
VirginiaGloucester2012Medical & Surgical Instruments, Equip & Supplies$530,875-$47,779-$95,558
VirginiaGloucester2012Miscellaneous Ship and Marine Equipment$943,836-$84,945-$169,890
VirginiaGloucester2012Quality Control SVCS/Fire, Rescue & Safety Equip$26,500-$2,385-$4,770
VirginiaGloucester2012RDTE/Other Environmental Protection-Basic Research$84,700-$7,623-$15,246
VirginiaGloucester2012Refrigeration and Air Conditioning Comps$4,200-$378-$756
VirginiaGloucester2012Shipboard Alarm and Signal Systems$5,183-$466-$933
VirginiaGloucester2012Surgical Dressing Materials$378,618-$34,076-$68,151
VirginiaGloucester2012Trailers$654-$59-$118
VirginiaGloucester2012Valves, Powered$22,981-$2,068-$4,137
TOTAL   $3,210,403-$288,936-$577,872

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 19:59:00 www.forthecommondefense.org