Monday, January 9, 2012

Obama's Military Cut May Mean More Layoffs in Ohio (ContributorNetwork)

President Obama outlined his plan for $1 trillion in military cuts over the next decade during a press conference at the Pentagon yesterday, according to NewsMax. The planned cuts may mean more layoffs in Ohio. The southwestern and centrals regions of the state are home to some of the nation's largest military supply manufacturers and research centers, according to the Cincinnati Enquirer.

In 2011, military spending accounted for $1.7 billion of the $2 billion the federal government spent in the Cincinnati region, according to the Cincinnati Enquirer. Former Army Lieutenant Colonel and current Florida Representative Allen West told Fox News that a "one-size-fits-all" approach to military needs in dangerous.

Here are some facts and figures about military spending in the Ohio area:

* Military purchases ranging from mundane toiletries to next generation weapons account for $8 out of every $10 the federal government spends in southwestern Ohio and Northern Kentucky, according to the Cincinnati Enquirer.

* Wright-Patterson Air Force Base is the state's single largest employer and plays a huge role in the Dayton area economy, according to Examiner. Most of Wright-Patterson's activity supports logistics and intelligence.

* Wornick Company is a major supplier of ready-to-eat (MREs) military meals, according to the Cincinnati Enquirer. Chief Financial Officer Dustin McDulin told the Enquirer that the Blue Ash-based company employs 500 people.

* The Springfield Air National Guard Base in central Ohio also performs intelligence support endeavors, according to the Columbus Dispatch.

* GE Aviation in Evandale employs 800 workers who manufactured the engine for the Joint Strike Fighter and a next-generation multi-role fighter, according to the Enquirer. A total of $3 billion were funneled into the company for military equipment during the past 15 years.

* Battele in Columbus routinely completes $700 million of work on Pentagon development and research programs, according to the Columbus Dispatch. The non-profit research center is currently working on weapons to modernize the American military's fleet which could be impacted by President Obama's plan, according to spokeswoman Katy Delaney's statements to the Dispatch.

* The L-3 Communications Corporation's Fuzing and Ordnance Systems Union Township plant is one of the largest supplies of safe-arming devices in the world. The company recently expanded its business to include contracts with United States allies, according to the Cincinnati Enquirer. The company employees 600 workers.

* Ohio Senator Rob Portman told the Columbus Dispatch that he is among those in Congress willing to vote to reverse President Obama's planned budget cuts.

* According to the Cincinnati Enquirer, military agencies which currently hold contracts in the Greater Cincinnati and Northern Kentucky area include the Defense Logistics Agency, Department of the Army, Department of the Navy, Defense Media Center, Department of the Air Force, Department of Defense Education Activity, Defense Finance and Accounting Service, Defense Contract Management Agency, Uniformed Services University of the Health Sciences and the Defense Logistics Agency.

Source: http://us.rd.yahoo.com/dailynews/rss/obama/*http%3A//news.yahoo.com/s/ac/20120107/us_ac/10800725_obamas_military_cut_may_mean_more_layoffs_in_ohio

ronan diane sawyer clay matthews kenny chesney matt kemp rumpelstiltskin rumpelstiltskin

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.