Virginia Defense Breakdown Economic Impact Report
Defense Contracts by Hub Zone Representation, Virginia, 2007
Using Contractor Location Data -- Sorted by Hub Zone Representation
Virginia Summary Report
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.
- 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 Virginia counties, cities and industries.
- 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 | | Virginia | 2007 | No | 45,801 | $41,995,285,151 |
| Virginia | 2007 | Yes | 764 | $242,367,541 |
TOTAL | | | 46,565 | $42,237,652,692 |
Created by the Center for Security Policy
Defense Breakdown Economic Impact Report Generator (v.2.2.0-CL) February 20, 2012 00:08:03 www.forthecommondefense.org