Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
(WA) State receives DOD grant to prepare military contractors of downsizing
http://www.thenewstribune.com/2014/09/26/3400266/state-receives-dod-grant-to-prepare.html?sp=/99/296/331/354/State receives DOD grant to prepare military contractors of downsizing
By ADAM ASHTON
Staff writer
September 26, 2014
The state has received a $4.3 million grant to help small and medium-size military contractors prepare for anticipated cuts in Defense Department spending.
Washington received the two-year grant from the Pentagon’s Office of Economic Adjustment, which is set up to help military communities cope with sudden changes in Defense Department trends.
~snip~
The money follows several banner years for the state’s military contractors. Defense Department spending more than doubled between 2008 and 2011 as the Pentagon increased work on two multibillion dollar Boeing contracts, one for the Navy’s P-8A Poseidon surveillance jet and the other for the next generation of Air Force refueling tankers.
Last year, state contractors pulled in $7.6 billion in work for the Defense Department, up from $3.6 billion in 2008, according to the federal spending database called usaspending.gov.
