North Carolina Defense Breakdown Economic Impact Report
Defense Contracts by Veteran Ownership, North Carolina, 2010
Using Contractor Location Data -- Sorted by Veteran Ownership
North Carolina Summary Report
Go to www.forthecommondefense.org/reports to view detailed reports on North Carolina 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 North Carolina counties, cities and industries. This report shows how "National Average" defense budget reductions of at least 9% and 18% could affect North Carolina, using actual 2010 North Carolina 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 | Veteran Ownership | Contract Count | $ Amount | Reduction
by 9.0% | Reduction
by 18.0% | | North Carolina | 2010 | -- | 7,419 | $1,627,258,663 | -$146,453,285 | -$292,906,571 |
| North Carolina | 2010 | Other Veteran | 774 | $487,154,157 | -$43,843,876 | -$87,687,752 |
| North Carolina | 2010 | Service-Disabled Veteran | 709 | $270,258,438 | -$24,323,260 | -$48,646,521 |
TOTAL | | | 8,902 | $2,384,671,258 | -$214,620,421 | -$429,240,844 |
Created by the Center for Security Policy
Defense Breakdown Economic Impact Report Generator (v.2.2.0-CL) February 20, 2012 00:05:25 www.forthecommondefense.org