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Federal budget cuts could have impact on Vermont defense contractors in coming decade



Vt Digger - - 9:18 am Tue Sep 18th, 2012

A report released last week by a Washington, D.C., think tank says that Vermont could lose up to $109 million statewide over the next 10 years if scheduled federal defense budget cuts go into effect.

If an 18 percent defense budget reduction is enacted by Congress in January 2013, under so-called "sequestration" budget cuts across several departments and agencies, Vermont's government defense contractors will lose out, according to research by the nonprofit Center for Security Policy, undertaken for the pro-defense Coalition for the Common Defense.

A VTDigger data analysis shows that a large percentage of government contract dollars awarded by the Department of Defense to firms headquartered in Vermont goes to Williston-based General Dynamics Armament and Technical Products Inc.

Read the whole story in the Vt Digger - : http://vtdigger.org/2012/09/17/federal-budget-cuts...

Relevant Address(es):
Washington, VT 05675 (Set as Local)
Vergennes, VT 05491 (Set as Local)
Chittenden, VT 05737 (Set as Local)
Underhill, VT 05489 (Set as Local)
Jay, VT 05859 (Set as Local)
Windsor, VT 05089 (Set as Local)
Williston, VT 05495 (Set as Local)
Essex, VT 05452 (Set as Local)
Johnson, VT 05656 (Set as Local)
South Burlington, VT 05403 (Set as Local)
Burlington, VT 05401 (Set as Local)

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