January 30, 2008
In Defense Of The Commonwealth
By Cory Hopkins
U.S. Department of Defense and Department of Homeland Security contracts and salaries generated $14.7 billion in direct and indirect spending in Massachusetts in 2005, according to a new study.
The study was conducted by the University of Massachusetts Donahue Institute for MassDevelopment and the state Executive Office of Housing and Economic Development .
Nationally, the commonwealth ranks eighth highest among states in DoD and DHS defense contract awards, the study found.
Massachusetts was first in the nation in defense-related Small Business Technology Transfer awards and second in Small Business Innovation Research awards, which the housing and economic development office said was an indicator of the state's technology and innovation leadership.
In addition to the inflow of cash, the defense sector also directly employed 32,240 workers in the state and supported an additional 39,187 jobs.
All told, the defense industry accounts for more than 4.5 percent of the state's GDP, according to the study.
The study was conducted by the University of Massachusetts Donahue Institute for MassDevelopment and the state Executive Office of Housing and Economic Development .
Nationally, the commonwealth ranks eighth highest among states in DoD and DHS defense contract awards, the study found.
Massachusetts was first in the nation in defense-related Small Business Technology Transfer awards and second in Small Business Innovation Research awards, which the housing and economic development office said was an indicator of the state's technology and innovation leadership.
In addition to the inflow of cash, the defense sector also directly employed 32,240 workers in the state and supported an additional 39,187 jobs.
All told, the defense industry accounts for more than 4.5 percent of the state's GDP, according to the study.
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