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2015 Publication Archive

The New England Defense Industry: Current Profile and Economic Significance

From the report's summary:

"The defense industry is a major contributor to the economy of New England. Over the last ten years, the region has received one of every twelve defense grant and contract dollars. In 2013, the region received $26.8 billion in Department of Defense (DoD) and Department of Homeland Security (DHS) grants and contracts, a 31 percent increase since 2004. Defense and Homeland Security grants and contracting are responsible for more than 218,000 jobs and a total payroll of $17.0 billion across the region. Overall, the direct, indirect, and induced economic activity generated in New England by U.S. contractors and grantees is $48.0 billion."

The report was underwritten by MassDevelopment for the Commonwealth of Massachusetts Military Asset & Security Strategy Task Force.

See media coverage of the report's release.


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