Washington
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 Washington 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 Washington 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% | Washington | Arlington | 2011 | Airframe Structural Components | $677,635 | -$60,987 | -$121,974 |
Washington | Arlington | 2011 | Converters, Electrical, Nonrotating | $271,196 | -$24,408 | -$48,815 |
Washington | Arlington | 2011 | Fueling & Other Petroleum Srvcs-Excluding Storage | $40,593 | -$3,653 | -$7,307 |
Washington | Arlington | 2011 | Gliders | $107,852 | -$9,707 | -$19,413 |
Washington | Arlington | 2011 | Maint/Restoration Activities | $29,015 | -$2,611 | -$5,223 |
Washington | Arlington | 2011 | Mineral Construction Materials, Bulk | $144,592 | -$13,013 | -$26,027 |
Washington | Arlington | 2011 | Misc Electric Power & Distribution Eq | $283,039 | -$25,474 | -$50,947 |
Washington | Arlington | 2011 | Miscellaneous Hardware | $2,684 | -$242 | -$483 |
Washington | Arlington | 2011 | Rings, Shims, And Spacers | $4,375 | -$394 | -$788 |
TOTAL | | | | $1,560,981 | -$140,489 | -$280,977 |
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 01:40:43 www.forthecommondefense.org