In 2021, businesses executed $7.3 billion in federal prime contracts in North Carolina, according to the North Carolina Military Business Center.
“Each of these prime contracts – and perhaps billions more in subcontracts – grows jobs, expands the economy and tax base and improves quality of life for everyone in North Carolina,” said NCMBC Executive Director Scott Dorney. “The defense and federal economy in North Carolina remained strong in 2021, as the COVID- and hurricane-related surge of 2020 passed and businesses across the state leveraged sustained opportunities to grow their federal business portfolios.”
FISCAL YEAR 2021 FIGURES:
Prime contracts from all federal agencies executed in North Carolina: $7.3 billion
Department of Defense prime contracts executed in North Carolina: $3.8 billion
Businesses in 15 counties performed over $75 million in federal prime contracts. Included in the list was Cumberland County, clocking in at $1,457,469,978.57 and Robeson County at $321,813,220.65.
To wrap up the first day, attendees were able to meet up for a social event at the Brad Halling American Whiskey Ko. in Southern Pines where a $10,000 check was presented to the Joint Special Operations Foundation for their scholarship fund. Photo pr
The three-story, 200,000 square-foot business incubator space is located at 420 Maiden Lane. The building features an elevator, construction has begun on handicap bathrooms for the first floor and the second and third floors feature window walls offering views of Segra Stadium.
Image provided by FTCCFocused on building the local workforce and streamlining the education process through real world learning, the Hope, Opportunity, Prosperity through Education Program at Fayetteville Technical Community College (FTCC), also kno