The Economic Impact of the Defense Cluster in New England, May 2023
Driving Innovation, Driving the Economy.
From small supply chain manufacturers to major Defense contractors, the Defense ecosystem is a source for high-wage, high-tech, high-demand careers and is the backbone of our national security efforts.
This is especially true in New England, where the Defense economy employs thousands and generates billions. Quantifying that impact was our charge when developing this comprehensive economic assessment of the Defense Cluster in New England.
New England’s Defense contracts are growing at a faster rate than the national average, making it a major contributor to the regional economy. This robust Defense Cluster significantly impacts job creation, income, and output across every New England state. The cluster also has a strong multiplier effect and economic linkages with other sectors in the region.
Some of the country’s most significant Defense resources are based in New England, as are a deep bench of supply chain companies, small businesses and, most importantly, hundreds of thousands of talented and committed individuals that power the Defense economy. In the report, you will find state-level breakdowns of the economic output, jobs created, and the number of companies engaged across all six New England states.
private Defense companies engaged
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