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Minnesota

Defense Breakdown Economic Impact Report
By Place of Performance Data -- Sorted by Product or Service

(FY 2012 Defense Contracts Baseline Data)

Estimated 9% to 18% Annual Budget Reductions Starting in FY 2013

Go to www.forthecommondefense.org/reports to view detailed reports on Minnesota 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. As a result of these cuts, in 2012 President Obama limited U.S. military capability to fighting one "regional conflict" and one "holding action."
     
  • Sequestration Defense budget cuts of $500 billion, combined with previous Defense cuts of another $487 billion, will cut defense spending in local communities by 9% to 18% between 2013 and 2021.
     
  • These reports show how estimates of defense budget reductions from 9% to 18% could affect Minnesota with cuts in defense jobs and businesses. Ask your elected officials for ongoing updates on how these defense cuts will affect your community.
     
  • 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. Over 60% of federal spending goes to entitlements like Social Security, Medicare, Medicaid and now Obamacare.
 

StateCountyContract YearProduct or Service$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
MinnesotaPennington2012ADP Components$5,737-$516-$1,033
MinnesotaPennington2012ADP Input/Output and Storage Devices$3,907-$352-$703
MinnesotaPennington2012ADP Software$39,411-$3,547-$7,094
MinnesotaPennington2012ADPE System Configuration$5,614-$505-$1,011
MinnesotaPennington2012Airframe Structural Components$322-$29-$58
MinnesotaPennington2012Connectors, Electrical$7,535-$678-$1,356
MinnesotaPennington2012Converters, Electrical, Nonrotating$414-$37-$75
MinnesotaPennington2012Electrical & Elct Boards, Cards & Asscted Hrdwre$20,870-$1,878-$3,757
MinnesotaPennington2012Electrical & Elct Properties Meas & Tst Instrumnts$17,086-$1,538-$3,075
MinnesotaPennington2012Electrical Hardware and Supplies$3,048-$274-$549
MinnesotaPennington2012Electronic Modules$1,184-$107-$213
MinnesotaPennington2012Lugs, Terminals, And Terminal Strips$1,229-$111-$221
MinnesotaPennington2012Microcircuits, Electronic$4,805-$432-$865
MinnesotaPennington2012Misc Electrical & Electronic Components$1,885-$170-$339
MinnesotaPennington2012Miscellaneous Hardware$761-$68-$137
MinnesotaPennington2012Notions and Apparel Findings$7,320-$659-$1,318
MinnesotaPennington2012Screws$106-$10-$19
MinnesotaPennington2012Semiconductor Devices & Assoc Hardware$3,031-$273-$546
MinnesotaPennington2012Switches$5,994-$539-$1,079
MinnesotaPennington2012Wire and Cable, Electrical$3,195-$288-$575
TOTAL   $133,454-$12,011-$24,023

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.2.8.0-PoP) November 6, 2013 19:49:02 www.forthecommondefense.org