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:
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Lumbee Guaranty Bank’s new Fayetteville branch will be located at 2939 Village Drive. This new location will be better equipped to cater to customers with its ample parking and a drive up ATM. Photo provided by Lumbee Guaranty Bank. Lumbee Guara
Scott Dorney became the executive director of the NCBMC in December 2004. Since then he has worked hard to create a robust connection between North Carolina businesses and the federal and defense contractors. Photo provided by NCMBC.Scott Dorne
