Missouri
Defense Breakdown Economic Impact Report
By Place of Performance Data -- Sorted by Product or Service
(FY 2011 Defense Contracts Baseline Data)
Includes Estimated 9% Annual Budget Reduction
And
Estimated 18% Sequestration Annual Budget Reduction
Starting in FY 2013
Go to www.forthecommondefense.org/reports to view detailed reports on Missouri counties, cities, Congressional Districts, industries, small businesses and information on sources and methodology.
BACKGROUND ON THE DEFENSE BUDGET CUTS: 2013-2021 - Our military is carrying an unfair burden of deficit cuts. To date our Defense budget has been hit with 50% of deficit reduction - yet it accounts for less than 20% of total federal spending.
- Earlier Budget Cuts: the first 9% Defense Budget Reduction: Defense budgets for 2013-2021 were cut $487 billion -- an average 9% cut over 9 years. In 2012, President Obama limited U.S. military capability to fighting one "regional conflict" and one "holding action."
- Sequestration Budget Cuts: the second 9% Defense Budget Reduction: "Sequestration," also required by law in 2011, mandates $500 billion more in 2013-2021 defense cuts -- an average total 18% cut. In 2011 President Obama said "I will veto any effort to get rid of those automatic spending cuts."
- Alternative solutions have been proposed to maintain a strong defense, reduce our deficit and avoid tax increases: Elected officials have proposed that the President and Congress reduce mandatory entitlement spending and make cuts in the non-security programs in the Federal budget.
- Be Prepared: These reports show how estimates of 2013 defense budget reductions of 9% and 18% could affect Missouri with cuts in defense jobs and businesses. Ask your elected officials for ongoing updates on how these defense cuts will affect your community.
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State | City | Contract Year | Product or Service | $ Amount | Reduction by 9.0% | Reduction by 18.0% | Missouri | Arnold | 2011 | Guns, 75 MM Through 125 MM | $20,491 | -$1,844 | -$3,688 |
Missouri | Arnold | 2011 | Guns, Through 30 MM | $808,068 | -$72,726 | -$145,452 |
Missouri | Arnold | 2011 | Launchers, Guided Missile | $12,560 | -$1,130 | -$2,261 |
Missouri | Arnold | 2011 | Launchers, Rocket and Pyrotechnic | $3,201,196 | -$288,108 | -$576,215 |
Missouri | Arnold | 2011 | Lodging - Hotel/Motel | $4,620 | -$416 | -$832 |
Missouri | Arnold | 2011 | Miscellaneous Hardware | $995 | -$90 | -$179 |
Missouri | Arnold | 2011 | Other Administrative & Service Buildings | $147,208 | -$13,249 | -$26,497 |
Missouri | Arnold | 2011 | Pyrotechnics | $3,474 | -$313 | -$625 |
Missouri | Arnold | 2011 | Rockets, Rocket Ammunition & Rocket Comps | $2,365,900 | -$212,931 | -$425,862 |
Missouri | Arnold | 2011 | Safety and Rescue Equipment | $11,236 | -$1,011 | -$2,022 |
Missouri | Arnold | 2011 | Warehousing & Storage Services | $481,748 | -$43,357 | -$86,715 |
TOTAL | | | | $7,057,496 | -$635,175 | -$1,270,348 |
Data sources and more data available at www.governmentcontractswon.com, compiled from public data at www.fpds.gov
Created by the Center for Security Policy
Defense Breakdown Economic Impact Report Generator (v.2.7.0-PoP) February 21, 2013 01:21:54 www.forthecommondefense.org