Maryland is home to 17 military installations that support more than 400,000 jobs and generate over $57 billion in total output. In fact, Maryland is among the top five U.S. states for defense spending. This spending impacts every region of the state.
However, with uncertainty of the defense budget, there are challenges facing the defense industry. In effort to get a clear picture of how Maryland businesses could be affected by difficult fiscal times, the Maryland Department of Commerce partnered with the U.S. Department of Defense to map the state’s defense supply chain. To better understand the current situation and work toward vital economic diversification efforts, we developed a survey, in collaboration with Towson University’s Regional Economic Studies Institute.
The survey is open through June 15 and can be accessed here. In addition to completing the survey, companies can further help the initiative by uploading a list of suppliers to identify more companies in the defense industry in Maryland. All information provided will be protected and confidential. Survey feedback from defense contractors will provide a clear picture into the dynamics of defense contracting and the impact of the defense budget on the community, and will help keep Maryland’s economy agile and adaptive.
This survey is one of many statewide activities that will help the state identify where diversification efforts should be targeted. Any questions related to the survey should be directed to John Stovall, Defense Industry Outreach Coordinator at john.stovall@maryland.gov.
The post Improving Economic Diversification in Defense: Seeking Contractor Input appeared first on MDBIZNews.
from https://mdbiznews.commerce.maryland.gov/2016/05/improving-economic-diversification-defense-seeking-contractor-input/
No comments:
Post a Comment