Oklahoma
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 Oklahoma 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 Oklahoma 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 | County | Contract Year | Product or Service | $ Amount | Reduction by 9.0% | Reduction by 18.0% | Oklahoma | Carter | 2011 | Custodial - Janitorial Services | $7,200 | -$648 | -$1,296 |
Oklahoma | Carter | 2011 | Helicopter Rotor Blades, Drive Mechanisms & Compon | $195,671 | -$17,610 | -$35,221 |
Oklahoma | Carter | 2011 | Landscaping/Groundskeeping Services | $5,600 | -$504 | -$1,008 |
Oklahoma | Carter | 2011 | Maint & Repair of Eq/Vehicles-Trailers-Cycles | $5,111 | -$460 | -$920 |
Oklahoma | Carter | 2011 | Other Miscellaneous Buildings | $634,708 | -$57,124 | -$114,247 |
Oklahoma | Carter | 2011 | RDTE/Missile and Space Systems-Basic Research | $299,749 | -$26,977 | -$53,955 |
Oklahoma | Carter | 2011 | RDTE/Other Defense-Applied Research | $2,625,958 | -$236,336 | -$472,672 |
Oklahoma | Carter | 2011 | RDTE/Other Research & Development-Basic Research | $150,151 | -$13,514 | -$27,027 |
Oklahoma | Carter | 2011 | RDTE/Services-Demo/Valid | $349,998 | -$31,500 | -$63,000 |
Oklahoma | Carter | 2011 | Switches | $66,288 | -$5,966 | -$11,932 |
TOTAL | | | | $4,340,434 | -$390,639 | -$781,278 |
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 01:52:42 www.forthecommondefense.org