PA Standing at the Ready: Creating Proactive Strategies for Potential Changes in Defense Spending

PA-Defense-ManufacturingDefense Department budgets are in flux. Factors such as the Budget Control Act, reductions or shifts in spending related to the drawdowns in Iraq and Afghanistan and responses to future threats could all create significant economic disruptions for Pennsylvania’s defense industry sectors and the regions they call home.  The state’s defense industry leaders and the communities that support them cannot afford to risk being caught unprepared by waiting for news of budget changes and then reacting to them.  Instead, it is imperative that the sector understands potential risks and prepares for them proactively.  

To that end, the Pennsylvania Department of Community and Economic Development (DCED) is performing a comprehensive assessment of the state’s defense companies and their workforce, and identifying the potential impact of Department of Defense spending reductions.  These efforts will include data collection and analysis related to the state’s defense contracts to assess at-risk sectors, analysis of the defense and aerospace workforce, and mapping Pennsylvania’s defense supply chain.

Importantly, this process will also include four opportunities for Pennsylvania’s defense manufacturers to provide input on their individual experiences, successes, challenges and outlook moving forward.  To truly understand current conditions and plan effectively, DCED needs to hear directly from the companies most likely to be affected by budget changes about their business activities and needs, as well as the skills that might help them grow and diversity operations.

These input sessions will take place in locations across the state, providing defense manufacturers with convenient options to participate.  Communications with all specific dates, times and locations will be distributed statewide as soon as arrangements are finalized.  Please be on the lookout for this information and attend the session that makes the most sense for you.  Your input is critical to the success of DCED’s planning efforts. For questions, reach out to us at padefense@fourtheconomy.com.

[maxbutton id=”36″]