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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 JerseyEast Rutherford2012ACFT Maint & Repair Shop Specilized Equip$248,844-$22,396-$44,792
New JerseyEast Rutherford2012Aircraft AC, Heating, And Pressurizing Equipment$1,500-$135-$270
New JerseyEast Rutherford2012Aircraft Landing Gear Components$378-$34-$68
New JerseyEast Rutherford2012Athletic and Sporting Equipment$3,697-$333-$665
New JerseyEast Rutherford2012Automatic Pilot Mechanisms & Airborne Gyro Comps$835-$75-$150
New JerseyEast Rutherford2012Bearings, Plain, Unmounted$110,838-$9,975-$19,951
New JerseyEast Rutherford2012Bolts$43,112-$3,880-$7,760
New JerseyEast Rutherford2012Chain and Wire Rope$775-$70-$140
New JerseyEast Rutherford2012Connectors, Electrical$378-$34-$68
New JerseyEast Rutherford2012Electrical & Elct Properties Meas & Tst Instrumnts$1,683,963-$151,557-$303,113
New JerseyEast Rutherford2012Engine Fuel System Components, Aircraft & Missile$19,451-$1,751-$3,501
New JerseyEast Rutherford2012Fastening Devices$34,393-$3,095-$6,191
New JerseyEast Rutherford2012Fittings and Specialties; Hose, Pipe, Tube$18,167-$1,635-$3,270
New JerseyEast Rutherford2012Gears, Pulleys, Sprockets and Trans Chain$800-$72-$144
New JerseyEast Rutherford2012Guns, Over 30 MM Up to 75 MM$8,163-$735-$1,469
New JerseyEast Rutherford2012Guns, Through 30 MM$223,208-$20,089-$40,177
New JerseyEast Rutherford2012Hardware, Weapon System$103,329-$9,300-$18,599
New JerseyEast Rutherford2012Liq & Gas Flow, Liq LVL, & Mech Motion Meas Instru$756-$68-$136
New JerseyEast Rutherford2012Maint & Repair of Eq/Instruments & Lab Equipment$80,000-$7,200-$14,400
New JerseyEast Rutherford2012Maint & Repair of Eq/Maintenance & Repair Shop Eq$1,835-$165-$330
New JerseyEast Rutherford2012Miscellaneous Hardware$47,150-$4,244-$8,487
New JerseyEast Rutherford2012Miscellaneous Power Transmission Equip$16,062-$1,446-$2,891
New JerseyEast Rutherford2012MSL Aircraft Accessories and Components$210-$19-$38
New JerseyEast Rutherford2012Nails, Keys, And Pins$300,082-$27,007-$54,015
New JerseyEast Rutherford2012Packing and Gasket Materials$42,200-$3,798-$7,596
New JerseyEast Rutherford2012Quality Control SVCS/Alarm & Signal Systems$1,145-$103-$206
New JerseyEast Rutherford2012Relays and Solenoids$6,460-$581-$1,163
New JerseyEast Rutherford2012Rings, Shims, And Spacers$6,480-$583-$1,166
New JerseyEast Rutherford2012Screws$14,353-$1,292-$2,584
New JerseyEast Rutherford2012Storage Tanks$364-$33-$66
New JerseyEast Rutherford2012Weapons Maint & Repair Shop Spec Eq$3,686-$332-$663
TOTAL   $3,022,614-$272,037-$544,069

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 19:02:00 www.forthecommondefense.org