Posts Tagged ‘economic impact’

Aviation businesses at the Griffith Business and Technology Park, the reuse project at the former base in Upstate New York, are concerned about the impact of the FAA’s plan to shut down the airport’s air traffic control tower next month. Airport operations will be able to continue, but officials are anxious that some potential airport customers, including the military, will be deterred by the lack of a tower …

Deputy Defense Secretary Ash Carter sent letters to the governors of 10 states slated to endure the harshest impacts from sequestration, alerting them to the direct and indirect consequences $40-plus billion in across-the-board spending reductions will heap on their states’ military installations. The 10 states projected to suffer the most are California, Virginia, Texas, Maryland, Pennsylvania, Georgia, Florida, Ohio, Alabama, and Washington. All states will be affected, but those 10 will bear the largest brunt …

The Navy has selected Naval Air Station Lemoore, located 35 miles south of Fresno, Calif., as its preferred West Coast home for the service’s next strike-fighter aircraft, the F-35C. Officials released a draft environmental impact statement comparing the impacts of basing 100 F-35Cs at NAS Lemoore versus Naval Air Facility El Centro, located in Southern California close to the Mexican border …

Full-time members of the Army and Air National Guard who work as military technicians are not exempt from sequestration and could be placed on unpaid furloughs along with DOD’s 800,000 civilian workers, Guard officials said last week. More than half of the National Guard’s full-time members may be furloughed, resulting in maintenance backlogs for all states and curtailment of critical training, especially aviation crew training …

As the likelihood that the Pentagon will be forced to absorb deep spending cuts edges closer, the anxiety level of the 4,200 employees at Letterkenny Army Depot, located 50 miles southwest of Harrisburg, Pa., has ramped up. The depot may have to cope with $442 million in cuts this year, jeopardizing the jobs of the civilian contractors employed there and likely resulting in furloughs for its 1,743 full-time civilian workers …

The combined impact of sequestration and operating under a full-year continuing resolution would affect an estimated 302,626 jobs in fiscal 2013 and result in an economic loss of $15.4 billion throughout the nation, according to a new analysis by the Army. Texas would suffer the largest estimated economic impact, with a loss of $2.4 billion through Sept. 30, according to a state-by-state estimate released this week by the Army. The rest of the top five states are Alabama ($1.9 billion), Pennsylvania ($1.1 billion), Virginia ($1.0 billion) and Georgia ($931 million) …

The last two states to join the Union would be the most vulnerable to sequestration as federal defense spending makes up a disproportionate share of the gross domestic product of Hawaii and Alaska, according to a new report by Wells Fargo Securities. In Hawaii, defense spending accounts for 14.6 percent of the state’s 2010 GDP; in Alaska it accounts for 10.5 percent of the state’s GDP …

The deputy commander for Camp Lejeune assured local officials attending a community breakfast Tuesday that the base on the coast of North Carolina is too vital to the Marine Corps’ mission to be closed in a future BRAC round. “Camp Lejeune is [staying],” said Col. Darrell Thacker, deputy commander for Marine Corps Installations East-Marine Corps Base Camp Lejeune. “But as we transition from 202,000 Marines down to 182,000 Marines, there will be impacts on the base …

Operating under a continuing resolution through Sept. 30 and coping with across-the-board spending reductions slated to go into effect March 1 would “distress and shock” Army installations and their host communities, according to an Army memo outlining the impacts of addressing an $18 billion shortfall in its operation and maintenance account over the remainder of fiscal 2013. The economic impact to communities would be directly caused by terminations of temporary and term employees, wide-scale reduction of support contracts with more than 3,000 industry partners, and furloughs of all 251,000 Army civilian employees for up to 22 days, according to the memo …

The Greater Columbus Chamber of Commerce believes it has a strong argument to defend its brigade combat team from elimination as the Army considers how to trim its force structure in response to budget constraints. In a letter to Army Environmental Command, the chamber touted Benning’s numerous assets, including $3.5 billion spent on construction at the post since the last BRAC round to ready it to accommodate the U.S. Armor School and approval of two special purpose local option sales tax initiatives to improve schools and local roads …