Virginia Defense Breakdown Economic Impact Report
Defense Contracts by Veteran Ownership, Virginia, 2010
Using Contractor Location Data -- Sorted by Veteran Ownership
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. This report shows how "National Average" defense budget reductions of at least 9% and 18% could affect Virginia, using actual 2010 Virginia 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% | | Virginia | 2010 | -- | 50,397 | $49,764,936,205 | -$4,478,844,436 | -$8,957,688,873 |
| Virginia | 2010 | Other Veteran | 3,695 | $2,465,036,763 | -$221,853,317 | -$443,706,635 |
| Virginia | 2010 | Service-Disabled Veteran | 5,256 | $1,910,031,971 | -$171,902,884 | -$343,805,768 |
TOTAL | | | 59,348 | $54,140,004,939 | -$4,872,600,637 | -$9,745,201,276 |
Created by the Center for Security Policy
Defense Breakdown Economic Impact Report Generator (v.2.2.0-CL) February 20, 2012 00:08:08 www.forthecommondefense.org