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Montana

Defense Breakdown Economic Impact Report
By Contractor Location Data -- Sorted by Veteran Ownership

(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 Montana 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 Montana with cuts in defense jobs and businesses. Ask your elected officials for ongoing updates on how these defense cuts will affect your community.
 

StateContract YearVeteran OwnershipContract Count$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
Montana2011--1,823$230,615,077-$20,755,358-$41,510,716
Montana2011Other Veteran54$4,447,984-$400,319-$800,637
Montana2011Service-Disabled Veteran204$9,853,405-$886,806-$1,773,613
TOTAL  2,081$244,916,466-$22,042,483-$44,084,966

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-CL) February 21, 2013 00:13:10 www.forthecommondefense.org