Virginia Defense Breakdown Economic Impact Report
Defense Contracts by Product or Service, Virginia (Giles County), 2010
Using Place of Performance Data -- Sorted by Product or Service
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 | County | Contract Year | Product or Service | $ Amount | Reduction by 9.0% | Reduction by 18.0% | Virginia | Giles | 2010 | RDTE/Other Defense-Adv Tech Dev | $70,000 | -$6,300 | -$12,600 |
Virginia | Giles | 2010 | RDTE/Other Research & Development-Basic Research | $373,479 | -$33,613 | -$67,226 |
TOTAL | | | | $443,479 | -$39,913 | -$79,826 |
Created by the Center for Security Policy
Defense Breakdown Economic Impact Report Generator (v.2.2.0-PoP) February 20, 2012 13:49:46 www.forthecommondefense.org