Defense Contacts Usher Billions of Dollars to the State

A recent report has found that companies throughout Missouri have received over in military defense contracts during fiscal year 2019, the latest year for which data is available. This report was revealed n late May by Governor who said military investment in Missouri makes the state’s economy stronger and the country’s security. This report focuses on the value of contracts awarded by the U.S. Department of Defense and related agencies to companies across the state, and further analyzes a previous statewide impact report released in August.  In addition, the military bases and defense agencies, and showed defense spending in the state currently supports 180,000 direct and indirect jobs with a total impact of $29 billion. The Missouri Military Preparedness and Enhancement Commission (MMPEC) and its military advocate office commissioned the study to have a better understanding of the local impacts of defense contract spending.

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