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Vermont

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 Vermont 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 Vermont 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%
VermontWinooski2012ACFT Hydraulic, Vacuum & DE-Icing Sys Comp$59,229-$5,331-$10,661
VermontWinooski2012Aircraft Ground Servicing Equipment$76,581-$6,892-$13,785
VermontWinooski2012Aircraft Gunnery Fire Control Components$4,125-$371-$743
VermontWinooski2012Aircraft Landing Gear Components$43,348-$3,901-$7,803
VermontWinooski2012Aircraft Launching Equipment$4,641-$418-$835
VermontWinooski2012Airframe Structural Components$63,750-$5,738-$11,475
VermontWinooski2012Bearings, Antifriction, Unmounted$86,668-$7,800-$15,600
VermontWinooski2012Bearings, Plain, Unmounted$156,842-$14,116-$28,232
VermontWinooski2012Bolts$435,389-$39,185-$78,370
VermontWinooski2012Engine Fuel System Components, Aircraft & Missile$53,414-$4,807-$9,615
VermontWinooski2012Fastening Devices$28,947-$2,605-$5,210
VermontWinooski2012Fuel Burning Equipment Units$6,609-$595-$1,190
VermontWinooski2012Gas Turbines and Jet Engines, ACFT & Comps$261,075-$23,497-$46,994
VermontWinooski2012Gears, Pulleys, Sprockets and Trans Chain$41,164-$3,705-$7,410
VermontWinooski2012Guns, 75 MM Through 125 MM$58,572-$5,271-$10,543
VermontWinooski2012Guns, Over 150 MM Through 200 MM$9,845-$886-$1,772
VermontWinooski2012Hardware, Weapon System$46,920-$4,223-$8,446
VermontWinooski2012Helicopter Rotor Blades, Drive Mechanisms & Compon$6,944-$625-$1,250
VermontWinooski2012Knobs and Pointers$8,775-$790-$1,580
VermontWinooski2012Laboratory Equipment & Supplies$195,891-$17,630-$35,260
VermontWinooski2012Launchers, Guided Missile$18,921-$1,703-$3,406
VermontWinooski2012Launchers, Rocket and Pyrotechnic$71,125-$6,401-$12,803
VermontWinooski2012Launchers, Torpedo and Depth Charge$26,250-$2,363-$4,725
VermontWinooski2012Lubrication & Fuel Dispensing Equipment$3,220-$290-$580
VermontWinooski2012Lugs, Terminals, And Terminal Strips$7,450-$671-$1,341
VermontWinooski2012Maint & Repair of Eq/Instruments & Lab Equipment$13,091-$1,178-$2,356
VermontWinooski2012Marine Hardware and Hull Items$3,169-$285-$570
VermontWinooski2012Medical & Surgical Instruments, Equip & Supplies$9,189-$827-$1,654
VermontWinooski2012Miscellaneous Engine Accessories, Aircraft$8,100-$729-$1,458
VermontWinooski2012Miscellaneous Hardware$66,990-$6,029-$12,058
VermontWinooski2012Miscellaneous Power Transmission Equip$97,652-$8,789-$17,577
VermontWinooski2012Miscellaneous Weapons$3,888-$350-$700
VermontWinooski2012MSL Aircraft Accessories and Components$57,632-$5,187-$10,374
VermontWinooski2012Nails, Keys, And Pins$434,679-$39,121-$78,242
VermontWinooski2012Nuts and Washers$676,271-$60,864-$121,729
VermontWinooski2012Packing and Gasket Materials$114,005-$10,260-$20,521
VermontWinooski2012Parachutes and Cargo Tie Down Equipment$4,500-$405-$810
VermontWinooski2012Power and Hand Pumps$20,115-$1,810-$3,621
VermontWinooski2012Pulp and Paper Industries Machinery$5,895-$531-$1,061
VermontWinooski2012Rings, Shims, And Spacers$61,036-$5,493-$10,986
VermontWinooski2012Rivets$12,006-$1,081-$2,161
VermontWinooski2012Safety and Rescue Equipment$69,000-$6,210-$12,420
VermontWinooski2012Screws$276,078-$24,847-$49,694
VermontWinooski2012Studs$210,101-$18,909-$37,818
VermontWinooski2012Valves, Nonpowered$7,006-$631-$1,261
VermontWinooski2012Valves, Powered$22,120-$1,991-$3,982
VermontWinooski2012Vehicular Brake, Steering, Axle Wheel Comp$9,031-$813-$1,626
VermontWinooski2012Vehicular Power Transmission Components$12,550-$1,130-$2,259
TOTAL   $3,969,799-$357,284-$714,567

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 19:32:14 www.forthecommondefense.org