For the Common Defense


FY 2012 Detailed ReportsFY 2012 Summary ReportsResources
All 50 States Detailed ReportsAll 50 States Summary ReportsAll Congressional District Spreadsheet Reports
New Jersey Contractor Location Data ReportsUSA Overview Summary ReportGovernment Contracting Office Glossary
New Jersey Place of Performance Data ReportsNew Jersey Summary ReportFAQ
  Sequestration Whitepaper
  FY 2011 Reports Archive
  FY 2010 Reports Archive

New Jersey

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 New Jersey 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 New Jersey 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.
 

StateCityContract YearProduct or Service$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
New JerseyBelleville2012ACFT Maint & Repair Shop Specilized Equip$12,000-$1,080-$2,160
New JerseyBelleville2012Antennas, Waveguides & Related Equipment$304,500-$27,405-$54,810
New JerseyBelleville2012Blocks Tackle Rigging and Slings$87,500-$7,875-$15,750
New JerseyBelleville2012Cable, Cord, Wire Assemblies: Comm Equip$323,644-$29,128-$58,256
New JerseyBelleville2012Chain and Wire Rope$31,130-$2,802-$5,603
New JerseyBelleville2012Electrical & Elct Boards, Cards & Asscted Hrdwre$15,000-$1,350-$2,700
New JerseyBelleville2012Fittings for Rope, Cable, And Chain$82,136-$7,392-$14,784
New JerseyBelleville2012Indoor & Outdoor Electric Lighting Fixtures$6,490-$584-$1,168
New JerseyBelleville2012Lugs, Terminals, And Terminal Strips$48,022-$4,322-$8,644
New JerseyBelleville2012Marine Hardware and Hull Items$3,363-$303-$605
New JerseyBelleville2012Metal Finishing Equipment$25,428-$2,289-$4,577
New JerseyBelleville2012Miscellaneous Hardware$3,625-$326-$653
New JerseyBelleville2012Miscellaneous Power Transmission Equip$296,382-$26,674-$53,349
New JerseyBelleville2012Parachutes and Cargo Tie Down Equipment$516,684-$46,502-$93,003
New JerseyBelleville2012RDTE/Physical Sciences - Basic Research$79,764-$7,179-$14,358
New JerseyBelleville2012RDTE/Services-Basic Research$57,973-$5,218-$10,435
New JerseyBelleville2012Reels and Spools$4,950-$446-$891
New JerseyBelleville2012Vehicular Furniture and Accessories$37,067-$3,336-$6,672
TOTAL   $1,935,658-$174,211-$348,418

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 19:01:15 www.forthecommondefense.org