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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.
 

StateCountyContract YearProduct or Service$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
New JerseySussex2012Abrasive Materials$12,050-$1,085-$2,169
New JerseySussex2012ADP Components$20,680-$1,861-$3,722
New JerseySussex2012ADP Software$4,321-$389-$778
New JerseySussex2012ADP Support Equip$21,537-$1,938-$3,877
New JerseySussex2012Airframe Structural Components$54,020-$4,862-$9,724
New JerseySussex2012Amplifiers$6,017-$542-$1,083
New JerseySussex2012Antennas, Waveguides & Related Equipment$15,545-$1,399-$2,798
New JerseySussex2012Centrifugals, Separators, And Press and Vac Filt$44,012-$3,961-$7,922
New JerseySussex2012Chain and Wire Rope$4,034-$363-$726
New JerseySussex2012Cutting Tools for Machine Tools$3,231-$291-$582
New JerseySussex2012Electrical & Elct Properties Meas & Tst Instrumnts$327,546-$29,479-$58,958
New JerseySussex2012Electron Tubes & Assoc Hardware$10,640-$958-$1,915
New JerseySussex2012Equip & Mats Testing/Fuels-Lubricants-Oils$3,865-$348-$696
New JerseySussex2012Fiber Optic Interconnectors and Supplies$7,570-$681-$1,363
New JerseySussex2012Fittings and Specialties; Hose, Pipe, Tube$118,721-$10,685-$21,370
New JerseySussex2012Gas Turbines and Jet Engines, ACFT & Comps$5,126-$461-$923
New JerseySussex2012Hazardous Substance Removal/Cleanup/Disposal SVCS$379,564-$34,161-$68,322
New JerseySussex2012Helicopter Rotor Blades, Drive Mechanisms & Compon$51,876-$4,669-$9,338
New JerseySussex2012Laboratory Equipment & Supplies$146,494-$13,184-$26,369
New JerseySussex2012Lathes$15,702-$1,413-$2,826
New JerseySussex2012Maint & Repair of Eq/Medical & Dental Equipment$5,400-$486-$972
New JerseySussex2012Misc Electric Power & Distribution Eq$5,220-$470-$940
New JerseySussex2012Misc Electrical & Electronic Components$1,081-$97-$195
New JerseySussex2012Miscellaneous Battery Retaining Fixtures & Liners$4,085-$368-$735
New JerseySussex2012Miscellaneous Communication Equipment$206,307-$18,568-$37,135
New JerseySussex2012Miscellaneous Fiber Optic Components$12,504-$1,125-$2,251
New JerseySussex2012Miscellaneous Hardware$27,328-$2,460-$4,919
New JerseySussex2012MSL Aircraft Accessories and Components$60,918-$5,483-$10,965
New JerseySussex2012Nuts and Washers$6,600-$594-$1,188
New JerseySussex2012Office Furniture$206,079-$18,547-$37,094
New JerseySussex2012Optical Instruments, Test Equip, Comps & Accys$89,952-$8,096-$16,191
New JerseySussex2012Pressure, Temp, & Humidity Meas & Contrling Instru$10,808-$973-$1,945
New JerseySussex2012RDTE/Other Research & Development-Applied Researc$3,755,796-$338,022-$676,043
New JerseySussex2012Relays and Solenoids$15,741-$1,417-$2,833
New JerseySussex2012Semiconductor Devices & Assoc Hardware$5,456-$491-$982
New JerseySussex2012Switches$2,590-$233-$466
New JerseySussex2012Synchros and Resolvers$3,997-$360-$719
New JerseySussex2012Telephone and Telegraph Equipment$45,548-$4,099-$8,199
New JerseySussex2012Valves, Nonpowered$133,550-$12,020-$24,039
TOTAL   $5,851,511-$526,639-$1,053,272

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 19:51:54 www.forthecommondefense.org