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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 JerseySomerset2012ADP Components$7,427-$668-$1,337
New JerseySomerset2012ADP Software$2,578,586-$232,073-$464,145
New JerseySomerset2012ADP Support Equip$2,511-$226-$452
New JerseySomerset2012ADP Systems Development Services$604,800-$54,432-$108,864
New JerseySomerset2012Antennas, Waveguides & Related Equipment$102,417-$9,218-$18,435
New JerseySomerset2012Architect-Engineering Services$169,967-$15,297-$30,594
New JerseySomerset2012Badges and Insignia$6,028-$543-$1,085
New JerseySomerset2012Equip & Mats Testing/Chemical Products$12,780-$1,150-$2,300
New JerseySomerset2012Fans, Air Circulators, & Blower Equip$6,400-$576-$1,152
New JerseySomerset2012Fittings and Specialties; Hose, Pipe, Tube$74,464-$6,702-$13,404
New JerseySomerset2012Hazardous Substance Removal/Cleanup/Disposal SVCS$254,407-$22,897-$45,793
New JerseySomerset2012In Vitro Dgnstc Sbstncs, Reagents, Tst KTS, & STS$62,273-$5,605-$11,209
New JerseySomerset2012Laboratory Equipment & Supplies$10,536-$948-$1,896
New JerseySomerset2012Maint & Repair of Eq/ADP Equip & Supplies$51,332-$4,620-$9,240
New JerseySomerset2012Maint & Repair of Eq/Food Prep & Serving Equip$19,300-$1,737-$3,474
New JerseySomerset2012Maint & Repair of Eq/Miscellaneous Equipment$10,068-$906-$1,812
New JerseySomerset2012Medical & Surgical Instruments, Equip & Supplies$589,905-$53,091-$106,183
New JerseySomerset2012Misc Alarm, Signal and Security Detection Systems$10,008-$901-$1,801
New JerseySomerset2012Misc Service and Trade Equipment$391,421-$35,228-$70,456
New JerseySomerset2012Miscellaneous Communication Equipment$9,543-$859-$1,718
New JerseySomerset2012Miscellaneous Office Machines$4,721-$425-$850
New JerseySomerset2012Miscellaneous Power Transmission Equip$99,803-$8,982-$17,965
New JerseySomerset2012Scales and Balances$110,653-$9,959-$19,918
TOTAL   $5,189,350-$467,043-$934,083

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 19:04:43 www.forthecommondefense.org