Vermont Defense Breakdown Economic Impact Report
Defense Contracts by Hub Zone Representation, Vermont, 2010
Using Contractor Location Data -- Sorted by Hub Zone Representation
Vermont Summary Report
Go to www.forthecommondefense.org/reports to view detailed reports on Vermont 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 Vermont counties, cities and industries. This report shows how "National Average" defense budget reductions of at least 9% and 18% could affect Vermont, using actual 2010 Vermont 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% | Vermont | 2010 | No | 1,463 | $821,811,287 | -$73,963,019 | -$147,926,038 |
Vermont | 2010 | Yes | 40 | $5,214,267 | -$469,284 | -$938,568 |
TOTAL | | | 1,503 | $827,025,554 | -$74,432,303 | -$148,864,606 |
Created by the Center for Security Policy
Defense Breakdown Economic Impact Report Generator (v.2.2.0-CL) February 20, 2012 00:08:20 www.forthecommondefense.org