Texas, Virginia and California top states for defense contract spending
Update: 2024-10-28
Description
The Defense Department’s contract obligations, payroll spending and grant awards across the country totaled 609.2 billion dollars in fiscal 2023, which is equivalent to 2.2% of the United States GDP. Approximately 59% that went to ten states, including Texas, Virginia, California, Connecticut and Florida. Top three states by defense grant spending are California, Maryland and Michigan. Top three states by defense contract spending are Texas, Virginia and California. Over $431 billion went to contracts for products and services and more than $167 billion was used for DoD personnel salaries.
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Comments
Top Podcasts
The Best New Comedy Podcast Right Now – June 2024The Best News Podcast Right Now – June 2024The Best New Business Podcast Right Now – June 2024The Best New Sports Podcast Right Now – June 2024The Best New True Crime Podcast Right Now – June 2024The Best New Joe Rogan Experience Podcast Right Now – June 20The Best New Dan Bongino Show Podcast Right Now – June 20The Best New Mark Levin Podcast – June 2024
In Channel