Florida Defense Breakdown Economic Impact Report
Defense Contracts by Hub Zone Representation, Florida, 2010
Using Contractor Location Data -- Sorted by Hub Zone Representation
Florida Summary Report
Go to www.forthecommondefense.org/reports to view detailed reports on Florida counties, cities, Congressional Districts, industries, small businesses and information on sources and methodology.
- 9%: In 2012, President Obama limited U.S. military capability to fighting one "regional conflict" and one "holding action." Defense budgets for 2013-2021 were cut $487 billion -- a 9% cut, at a minimum.
- 18%: "Sequestration," required by law in 2011, mandates $500 billion more in 2013-2021 defense cuts -- an 18% cut, at a minimum. President Obama said he will veto any changes Congress makes.
- Be Prepared: In 2013 these cuts in defense jobs and businesses will hit Florida counties, cities and industries. This report shows how "National Average" defense budget reductions of at least 9% and 18% could affect Florida, using actual 2010 Florida data.
- Ask Questions: In 2012, Congress and President Obama will decide on the specific defense budget cuts. In the next 6 months, find out if these defense cuts affect your community more -- or less -- than this national average. See www.forthecommondefense.org/reports for reports on cities, counties, industries and more.
| State | Contract Year | Hub Zone Representation | Contract Count | $ Amount | Reduction
by 9.0% | Reduction
by 18.0% | | Florida | 2010 | No | 25,933 | $13,749,985,357 | -$1,237,498,731 | -$2,474,997,463 |
| Florida | 2010 | Yes | 691 | $354,942,626 | -$31,944,838 | -$63,889,675 |
TOTAL | | | 26,624 | $14,104,927,983 | -$1,269,443,569 | -$2,538,887,138 |
Created by the Center for Security Policy
Defense Breakdown Economic Impact Report Generator (v.2.2.0-CL) February 20, 2012 00:02:22 www.forthecommondefense.org