The North Carolina Military Business Center (NCMBC), a business development and technology transition entity of the State of North Carolina embedded in the State’s community colleges and headquartered at Fayetteville Technical Community College, has just announced that businesses executed $7.38 billion in federal prime contracts in North Carolina in FY2023.
“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 Scott Dorney, NCMBC Executive Director, in a press release. “The defense and federal economy in North Carolina remained strong in 2023, 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 2023 FIGURES:
U.S. Army Special Operations Command Acting Commanding General, Brig. Gen. Kirk Brinker, gives a speech as USASOC bids farewell to Lt. Gen. Jonathan Braga after serving four years as its commanding general outside the USASOC Headquarters at Fort Brag
Graphic provided by Fayetteville Dogwood FestivalGood music, food and fall themed fun for all ages will swirl into Festival Park with the falling leaves this season. On Oct. 18 and 19, The Dogwood Festival will be returning for the fall. This free fe
Chair Powell answers reporters' questions at the FOMC press conference on Sept. 17, 2025. Photo provided by the Federal Reserve.On Wednesday, Sept. 17, the Federal Open Market Committee (FOMC) announced that it had decided to lower the target r