Two new reports outline economic importance of military installations and defense sector to New England
As part of our ongoing efforts to support and protect our region’s military installations and defense industry, the New England Council was pleased to participate this week in the release of several new sets of data that will be integral to our advocacy on behalf of our bases and our defense sector in New England:
New England Defense Industry – On Monday, the NEC joined the Defense Technology Initiative (DTI) for the release of a report on the New England Defense Industry at a briefing for members of the New England Congressional Delegation and their staffs on Capitol Hill. The report, “The New England Defense Industry: Current Profile and Economic Significance,” was prepared for DTI by the UMass Donahue Institute. The report analyzes Department of Defense and Department of Homeland Security contracting trends in New England, defining and measuring the defense industry in the region, and quantifying the overall economic impact of federal defense contracts.
Economic Impact of MA Military Installations –On Tuesday, NEC President & CEO Jim Brett participated in the release of a second report prepared by the UMass Donohue Institute for DTI at an event hosted by Massachusetts Lt. Governor Tim Murray, Chair of the Military Asset & Security Strategy Task Force, at the State House in Boston. The second report, underwritten by NEC member MassDevelopment, provides an analysis of the economic contributions of Massachusetts’ six military installations. The report’s findings will assist NEC, DTI, and other regional partners throughout New England as we work to make the case to preserve our region’s military bases.