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Tennessee

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 Tennessee 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 Tennessee 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%
TennesseeLoudon2012Armament Training Devices$1,134,907-$102,142-$204,283
TennesseeLoudon2012Bearings, Plain, Unmounted$27,591-$2,483-$4,966
TennesseeLoudon2012Diesel Engines and Components$425,275-$38,275-$76,550
TennesseeLoudon2012Engine Fuel Sys Components, Nonaircraft$11,970-$1,077-$2,155
TennesseeLoudon2012Engine Fuel System Components, Aircraft & Missile$40,853-$3,677-$7,354
TennesseeLoudon2012Fittings for Rope, Cable, And Chain$4,653-$419-$838
TennesseeLoudon2012Fuel Oils$173,500-$15,615-$31,230
TennesseeLoudon2012Hardware, Weapon System$8,007-$721-$1,441
TennesseeLoudon2012Hospital Furniture, Equip, Utensils, & Sup$103,570-$9,321-$18,643
TennesseeLoudon2012Individual Equipment$555,575-$50,002-$100,004
TennesseeLoudon2012Maint & Repair of Eq/Electrical & Elct Equip Comps$3,500-$315-$630
TennesseeLoudon2012Meat, Poultry, And Fish$60,355-$5,432-$10,864
TennesseeLoudon2012Medical & Surgical Instruments, Equip & Supplies$26,532-$2,388-$4,776
TennesseeLoudon2012Nuts and Washers$85,017-$7,652-$15,303
TennesseeLoudon2012Power and Hand Pumps$72,796-$6,552-$13,103
TennesseeLoudon2012Refrigeration Equip$30,720-$2,765-$5,530
TennesseeLoudon2012Screws$47,118-$4,241-$8,481
TennesseeLoudon2012Transformers: Distribution & Power Station$147,354-$13,262-$26,524
TennesseeLoudon2012X-Ray Equip & Sup: Medical, Dental, & Vet$268,761-$24,188-$48,377
TOTAL   $3,228,054-$290,527-$581,052

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 19:56:23 www.forthecommondefense.org