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Virgin Islands Defense Breakdown Economic Impact Report

Defense Contracts by Type of Business, Virgin Islands, 2010

Using Contractor Location Data -- Sorted by Type of Business

Go to www.forthecommondefense.org/reports to view detailed reports on Virgin Islands 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 Virgin Islands counties, cities and industries. This report shows how "National Average" defense budget reductions of at least 9% and 18% could affect Virgin Islands, using actual 2010 Virgin Islands 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	Type of Business	Contract Count	$ Amount	Reduction by 9.0%	Reduction by 18.0%
Virgin Islands	2010	--	53	$5,820,089	-$523,808	-$1,047,616
Virgin Islands	2010	Local Government Organization	2	$300	-$27	-$54
Virgin Islands	2010	Minority Institution (MI)	38	$455,895	-$41,031	-$82,061
Virgin Islands	2010	Other Nonprofit Institution	2	$29,151	-$2,624	-$5,247
Virgin Islands	2010	Small Business 8A Firm Performing in the United States	3	$45,810	-$4,123	-$8,246
Virgin Islands	2010	Small Disadvantaged Business (SDB) Performing in the United States	9	$18,803,450	-$1,692,311	-$3,384,621
TOTAL			107	$25,154,695	-$2,263,924	-$4,527,845

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Created by the Center for Security Policy Defense Breakdown Economic Impact Report Generator (v.2.2.0-CL) February 20, 2012 00:08:16 www.forthecommondefense.org