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Virginia Defense Breakdown Economic Impact Report

Defense Contracts by Weapon System, Virginia (Portsmouth), 2010

Using Place of Performance Data -- Sorted by Weapon System

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.

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Created by the Center for Security Policy Defense Breakdown Economic Impact Report Generator (v.2.2.0-PoP) February 20, 2012 14:14:18 www.forthecommondefense.org