Military Gear & Army Surplus Gear Blog

Economic Impact of Maryland Military Installations

Economic Impact of Maryland Military Installations



>> WE RECENTLY COMPLETED AN ECONOMIC IMPACT ANALYSIS OF THE MILITARY INSTALLATIONS IN MARYLAND. WE HAVE BEEN ESTIMATING THAT IMPACT AT $18 BILLION, KNOWING IT WAS LOW. THE STUDY JUST COMPLETED INDICATES THAT, USING FISCAL YEAR 2008 DATA, THE OVERALL IMPACT IS SOME $36 BILLION. NEARLY HALF REPRESENTS SALARIES TO MARYLAND'S CITIZENS AND GOODS AND SERVICES PURCHASED WITHIN THE STATE OF MARYLAND. THE BASELINE THAT WE'RE ESTABLISHING WITH OUR ECONOMIC IMPACT IS TO SEE WHERE WE ARE GOING INTO BRAC. WE KNOW THAT BRAC IS GOING TO HAVE HUGE ECONOMIC BENEFITS FOR MARYLAND AND ITS CITIZENS, BUT ONE OF THE OTHER DERIVED BENEFITS OF BRAC HAS BEEN THAT WE HAVE FOUND STATE AGENCIES WORKING COLLECTIVELY IN WAYS NOT BEFORE SEEN. ONE EXAMPLE OF THIS IS THE WORK THAT'S BEING PERFORMED AT THE ABERDEEN PROVING GROUND. >> ABERDEEN PROVING GROUND WAS MADE AWARE OF AN URGENT NEED FOR IMPROVED ARMORED PROTECTION AND ARMORED VEHICLES FOR OUR SOLDIERS IN IRAQ AND AFGHANISTAN. IN RESPONSE, THEY CONDUCTED RAPID PROTOTYPING, FIELDING, AND TESTING OF THE MRAP OR MINE RESISTANT ARMORED PERSONNEL CARRIER. THIS VEHICLE HAS BEEN FIELDED INTO IRAQ AND AFGHANISTAN AND HAS BEEN SAVING SOLDIERS' LIVES EVER SINCE IT'S BEEN PUT IN THE FIELD AND CONTINUES TO DO SO TODAY. PROGRAMS LIKE THE MRAP ARE SIGNIFICANT FOR MARYLAND BECAUSE IT THEN BUILDS ON THE TECHNOLOGY AT ABERDEEN PROVING GROUND AND BRINGS NEW JOBS AND TECHNOLOGIES TO THE REGION. >> WHAT WE FIND AS WE GO ABOUT THE STATE IS MANY OF OUR CITIZENS DO NOT REALLY UNDERSTAND THE SIGNIFICANT ROLE OF OUR MILITARY INSTALLATIONS. MARYLAND IS AT THE FOREFRONT OF THE BIOSCIENCES, AEROSPACE, AND INCREASINGLY INFORMATION TECHNOLOGY. THIS NOT ONLY MEANS GREAT ECONOMIC OPPORTUNITIES FOR OUR CITIZENS, BUT WE PLAY AN IMPORTANT ROLE IN THE DEFENSE OF OUR NATION. >> WHAT EXCITES ME ABOUT THE GROWTH UNDER BRAC IS THAT WE ARE SEEING A GROWTH IN THE RESEARCH AND DEVELOPMENT COMMUNITY THAT'S UNPARALLELED IN RECENT HISTORY. THIS IS A TREMENDOUS ASSET TO THE STATE AND THE REGION AND THIS–THIS GROWTH OF THE RESEARCH COMMUNITY WILL LEAD TO GROWTH IN THE PRIVATE SECTOR TWO OR THREE TIMES THAT OF THAT OF THE MILITARY AND CIVILIAN GOVERNMENT GROWTH WE'RE SEEING NOW. >> I THINK IN THESE IN– INCREASINGLY TOUGH ECONOMIC TIMES, THE GROWTH OF OUR MILITARY INSTALLATIONS IS GOING TO BE A VERY POSITIVE FACTOR FOR OUR CITIZENS. MARYLAND CAN BE PROUD OF THE ROLE OUR INSTALLATIONS PLAY IN THE DEFENSE OF THE NATION AS WE MOVE FORWARD IN VERY CHALLENGING TIMES.


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