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Posts Tagged ‘economic impact’

Clarksville Leaders Pledge Unified Effort to Stave off Force Reductions

  • July 1, 2014
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Leaders in Middle Tennessee are vowing to pull together to head off the potential loss of one-half of the military and civilian personnel at Fort Campbell, following last week’s release of an Army analysis of the economic impacts associated with eliminating 70,000 active-duty soldiers across the service. For Fort Campbell, the supplemental programmatic environmental assessment considers a reduction of up to 15,221 soldiers and 779 civilians. The post currently hosts a population of 32,281 personnel …

Army to Release Initial Findings from Basing Analysis

  • June 19, 2014
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The Army is expected shortly to release its preliminary analysis of the local impacts that would result from a reduction in its active-duty end strength to a range of between 440,000 and 450,000 soldiers. The analysis follows a similar exercise officials conducted before deciding last June how to restructure forces after shrinking end strength by 80,000 soldiers and deactivating brigade combat teams at 10 U.S. installations. That drawdown is now under way and will leave the Army with 490,000 troops by the end of 2015 …

‘Money Isn’t Coming Back Soon,’ Analyst Says

  • June 6, 2014
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The steady decline in defense spending on both products and services almost certainly isn’t turning around anytime soon, according to a panel of defense industry experts appearing Thursday at the Defense Communities National Summit. DOD’s total obligations were down 16 percent from fiscal 2012 to 2013, said David Berteau, senior vice president and director of the national security program on industry and resources at the Center for Strategic and International Studies. Contract spending dropped 25 percent since 2008, while spending on pay and benefits rose over that five-year period …

Michigan, Indiana and Ohio Receive Grant to Help Offset Reduction in Defense Expenditures

  • June 5, 2014
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The University of Michigan, in partnership with the Ohio State University and Purdue, was awarded a $2.4 million grant to provide on-call technical assistance to communities impacted by current defense procurement drawdowns, the DOD announced June 4…

OEA Offering Support for Communities Dealing with Reductions in Defense Spending

  • May 20, 2014
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Communities responding to the cancellation of a defense contract or a major reduction in DOD spending that results in a significant economic impact can apply to the Office of Economic Adjustment for planning assistance, according to a May 20 Federal Register notice. To be eligible, state or local governments, or regional entities need to have experienced one of the following circumstances: a publicly announced planned major reduction in DOD spending; the closure or significantly reduced operation of a defense facility resulting from the merger, acquisition or consolidation of the operating contractor …

House Language Could Provide Head Start for BRAC Authorization, Conger Says

  • May 12, 2014
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Language approved by the House Armed Services Committee last week calling for a comprehensive assessment of the need for additional base closures and realignments could provide the Pentagon a jump on a new BRAC round, according to John Conger, acting deputy undersecretary of defense for installations and environment. “They have given us the preamble pieces,” Conger told American Forces Press Service. “All of which take time and if we execute them, all will allow a BRAC authorization on a shorter timetable.”

New Jersey Panel Tasked with Promoting, Fortifying State’s Bases

  • May 11, 2014
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New Jersey Lt. Governor Kim Guadagno (R) on Friday launched a statewide Military Installation Growth and Development Task Force, a move designed to ensure the long-term growth and viability of the state’s military bases and Coast Guard installations. The task force’s primary objectives will be to organize a broad-based coalition — including elected officials at the local, state and federal level, as well as industry leaders, veterans and concerned citizens — to promote the state’s military installations; assist in the “economic fortification” of the state’s bases by leveraging the resources of the New Jersey Partnership for Action to help retain and attract missions to New Jersey …

Revised Plan Would Ease Impact of Marines’ Realignment to Guam

  • April 20, 2014
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The Navy’s revised plan for relocating 4,700 Marines from Okinawa to Guam would extend the timetable for constructing facilities to accommodate the move from seven to 13 years, eliciting praise from the government of Guam. The plan would diminish the realignment’s impact on Guam’s infrastructure and residents, as a smaller military footprint results in a lower demand for power, water and wastewater treatment, according to the draft supplemental environmental impact statement the Navy released last week …

Maine Shipyard Provides Economic Boost for Three States

  • March 18, 2014
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Portsmouth Naval Shipyard, located in Kittery, Maine, generated a $623 million economic impact for the region’s economy last year, according to a study released earlier this month by the Seacoast Shipyard Association. The total impact of the shipyard, located in Southern Maine just across the New Hampshire border, is down somewhat from 2012, when it accounted for $662 million in economic activity. In 2013, the shipyard’s 5,474 civilian employees earned $414 million, while the facility’s military payroll was $42 million …

State Commission Would Address Drop in Defense Spending, under Maryland Bill

  • February 26, 2014
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Maryland would establish a commission to consider ways to adapt to a reduction in spending by the Pentagon, under legislation introduced in both chambers of the General Assembly. The commission would conduct at least three public hearings and report recommendations to the governor and the legislature by June 1, 2015, reported the Gazette. Multiple organizations supported the bill — filed by state Sen. Richard Madaleno Jr. (D) and co-sponsored by 15 other senators — during a hearing held by the Senate Finance Committee last week. “As the wars abroad wind down and defense downsizing begins in earnest, we want to ensure that Maryland workers and communities are protected,” Jean Athey — steering committee chair for a coalition of political, religious, labor and other groups called Fund Our Communities — told lawmakers. “To do that, the state of Maryland needs to begin planning now,” Athey said.

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