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: $73 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 among that list were Cumberland and Robeson County.
Here are the numbers for federal prime contracts within the Greater Fayetteville Business Journal coverage area:
CUMBERLAND COUNTY
Federal total dollars: $1,457,469,978.57
DoD total dollars: $1,036,969,874.63
HARNETT COUNTY
Federal total dollars: $48,878,872.04
DoD total dollars: $7,471,110.92
HOKE COUNTY
Federal total dollars: $34,989,247.86
DoD total dollars: $32,004,757.84
ROBESON COUNTY
Federal total dollars: $321,813,220.65
DoD total dollars: $6,116,717.49
BLADEN COUNTY
Federal total dollars: $11,310,277.99
DoD total dollars: $11,310,277.99
MOORE COUNTY
Federal total dollars: $30,654,303.72
DoD total dollars: $19,827,423.69
SAMPSON COUNTY
Federal total dollars: $12,222.70
DoD total dollars: N/A
Cookout season is officially in full swing, and if you’re tired of grilling your own, the Haymount Truck Stop has an exciting option for the whole family! The Truck Stop’s inaugural burger competition is happening on Saturday, July 19.
Adiós. Au revoir. Auf Wiedersehen.No, I am not leaving the Greater Fayetteville Business Journal, but I am going on a long overdue vacation!Hello dear readers, this is my roundabout way of announcing to the community that starting on July 4, any and
In a city where traditional lending channels can overlook aspiring business owners from underserved communities, the Tulsa Initiative is changing the narrative around access to capital. The Fayetteville-based nonprofit has worked to expand its missio