Thursday, January 14, 2021

Defense spending by state FY-19

States and communities have a new tool to enhance national security and mission readiness, while making their economies stronger and more resilient. The Department of Defense’s (DoD) Office of Local Defense Community Cooperation (formerly Office of Economic Adjustment) released its Fiscal Year 2019 Defense Spending by State report to help states and communities better understand defense personnel and contract spending in their localities. This analysis helps state and local leaders assess a region’s dependence on defense spending and target assistance to support stronger communities and companies. Defense spending rose in FY-19. DoD contract obligations and payroll spending in the 50 states and the District of Columbia increased by $64.3B (19%) over the prior fiscal year. DoD contract obligations and payroll spending in the 50 states and the District of Columbia totaled $550.9B (+2.5%) of the country’s GDP. The top ten states for total Defense spending in FY-19 were California, Virginia, Texas, Maryland, Connecticut, Pennsylvania, Washington, Alabama, and Massachusetts.  (Source: DoD 01/13/21) DOD Releases Report on Defense Spending by State in Fiscal Year 2019 > U.S. DEPARTMENT OF DEFENSE > Release Mississippi $4.5B in contract spending (#24 among states). Top contractor was HII ($2.7B). Mississippi State University’s contracts were $44.4M. Defense contractor spending locations: Jackson County ($2.8B); Madison ($695.7M); Harrison ($345.4M); Lowndes ($119.4M). Defense Spending by State, Fiscal Year 2019 (oea.gov) Louisiana ($1.4B ranked #38). Top contractors: Textron ($236.9M); Gulf Island Fabrication ($129.2M). Defense Spending by State, Fiscal Year 2019 (oea.gov). Alabama ($12.7B ranked #11). Top defense contractors: Austal USA ($1.4B); Boeing ($1.3B). Defense Spending by State, Fiscal Year 2019 (oea.gov)

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