Impact Today,
Growth Tomorrow:
the Economic
Power of Defense

Economic impact

In 2020, the US Defense Sector:

0 M
workers
$ 0 B
sales revenue
$ 0 K
average wage & benefits

The importance of the defense industry in our nation’s economic strength and development cannot be overstated. In fact, defense contract spending averages more than $7 billion per state.

In Rhode Island alone, where SENEDIA is headquartered, the defense cluster is of tremendous strategic importance to the economy. It is an innovative and high-tech sector that contributes to economic growth, generates high-paying jobs, and has been resilient despite economic downturns. The latest RI data shows more than $4.3 billion in annual economic impact and a total employment share of 6.2 percent of the state’s workforce.

Learn more about defense spending by state
and overall Department of Defense contract spending

Review the 2017 report, Economic Impact of the RI Defense Cluster

Two Corporate Place
Middletown, RI 02842
[email protected]

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