DOD Releases Report on Defense Spending by State in Fiscal Year 2022
September 27, 2023
U.S. Department of Defense
Defense.gov
DOD Releases Report on Defense Spending by State in Fiscal Year 2022
September 27, 2023
U.S. Department of Defense
Defense.gov
U.S. Department of Defense, Septmeber 26, 2023 / Defense.gov
Today, the Department of Defense Office of Local Defense Community Cooperation released its Fiscal Year 2022 Defense Spending by State report to help states and communities better understand how Defense procurement, personnel spending and grants impact their economies. Fiscal Year 2022 is the first year to incorporate DoD grant awards, which were reported to USAspending.gov.
The report's graphs, maps, and tables present a range of findings, such as total spending figures, categories of contracted goods and services, major defense vendors, numbers, and types of defense personnel, and, for the first time, grants awarded by DoD. This snapshot provides public and private leaders with a starting place to assess how defense investments across installations, communities, and the private sector can be optimized by supporting regional innovation, industrial capability and capacity, supply chain resilience, and cultivating a skilled workforce.
“Our industrial base is one of our greatest competitive advantages, and this report enables our state, local, and industry partners to visualize the full scope of our investments as we focus on fostering a resilient and robust defense ecosystem,” said Dr. Radha Plumb, Deputy Under Secretary of Defense for Acquisition and Sustainment. “As we work to deliver the technologies and services our warfighters need at speed and scale, the report highlights how the Department is expanding our relationships with industries not traditionally associated with defense and serves as a tool for state and local partners to identify new partnership opportunities.”
Read the rest of the article here: https://www.defense.gov/News/Releases/Release/Article/3538311/dod-releases-report-on-defense-spending-by-state-in-fiscal-year-2022/
Latest News