Federal Drive

Defense brings $32 billion to Maryland and growing

Maryland\'s 17 military installations employ 3.4 percent of Maryland\'s work force, pay nearly $10 billion in wages a year and spend about $6.6 billion annually...

Federal News Network Staff

October 4, 2010 9:40 am

< a min read

Maryland’s seventeen military installations employ 3.4 percent of the state’s entire work force. They pay nearly $10 billion in wages a year and spend about $6.6 billion a year with other businesses throughout the state. The economic impact for 2008 adds up to $36 billion. The findings are detailed in a report by the University of Baltimore’s Jacob France Institute of the Merrick School of Business. The Washington Business Journal reports that the study offers a baseline for measuring how the defense industry directly impacts Maryland’s economy. It also shows how Maryland will benefit from BRAC, as tens of thousands of new jobs and residents will relocate from bases in New Jersey and Northern Virginia.

This story is part of Federal News Radio’s daily DoD Report brought to you by Dell. For more defense news, click here.

Though the Defense Department managed to go unscathed through the Crowdstrike outage, it remains on the alert

Federal Newscast

The road to electrifying America’s personal vehicles starts with the USPS EV fleet

Management

Congress tackles spending, policy and candidate protections on the road to the August recess

Congress

Defense brings $32 billion to Maryland and growing

Though the Defense Department managed to go unscathed through the Crowdstrike outage, it remains on the alert

The road to electrifying America’s personal vehicles starts with the USPS EV fleet

Congress tackles spending, policy and candidate protections on the road to the August recess

Top Stories