New Hampshire
Defense Breakdown Economic Impact Report
By Contractor Location Data -- Sorted by Type of Business
(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 New Hampshire 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 New Hampshire 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 | Contract Year | Type of Business | Contract Count | $ Amount | Reduction by 9.0% | Reduction by 18.0% | New Hampshire | 2011 | -- | 3,500 | $1,224,374,447 | -$110,193,705 | -$220,387,409 |
New Hampshire | 2011 | Hospital | 11 | $24,086 | -$2,168 | -$4,335 |
New Hampshire | 2011 | Local Government Organization | 6 | $49,654 | -$4,469 | -$8,938 |
New Hampshire | 2011 | Minority Institution (MI) | 96 | $9,670,194 | -$870,317 | -$1,740,635 |
New Hampshire | 2011 | Other Educational Institution | 2 | $29,697 | -$2,673 | -$5,345 |
New Hampshire | 2011 | Other Nonprofit Institution | 44 | $1,353,681 | -$121,831 | -$243,663 |
New Hampshire | 2011 | Small Business 8A Firm Performing in the United States | 33 | $3,221,982 | -$289,978 | -$579,957 |
New Hampshire | 2011 | Small Disadvantaged Business (SDB) Performing in the United States | 335 | $8,085,603 | -$727,704 | -$1,455,409 |
New Hampshire | 2011 | State Government Organization | 1 | $2,750 | -$248 | -$495 |
TOTAL | | | 4,028 | $1,246,812,094 | -$112,213,093 | -$224,426,186 |
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 00:13:16 www.forthecommondefense.org