The North Carolina Military Business Center, recently announced that businesses executed $8.93 billion in federal prime contracts in North Carolina in FY 2022. This included $5.51 billion in Department of Defense prime contracts. Cumberland County was one of the highest performing counties across the state grossing $1.4 billion worth of federal contracts.
“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 in a press release. “The defense and federal economy in North Carolina remained strong in 2022, as businesses of all sizes across the state leveraged sustained opportunities to grow their federal business portfolios. The State’s investment in growing the defense economy and its commitment to sustaining our military installations and warfighters are benefiting all North Carolinians every day.”
Fiscal Year 2022 figures:
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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
