2013 Twelfth Annual Military Partnership Conference

Twelfth Annual

Hawaii U.S. Military Partnership Conference

"The input/output impact of the $8.8 billion in defense expenditures is estimated to total $14.7 billion, making it the second major source of revenues in Hawaii’s economy outside of state and county governments, and next to tourism.

 

Defense-related expenditures account for creating more than 102, 000 good paying, full-time equivalent jobs for residents, with annual household incomes from those jobs totaling $8.7 billion. 
 
Defense expenditures of $2.4 billion for procurement contracts where Hawaii is the principle place of performance has doubled since the mid-1990s when expenditures dipped to less than $1.0 billion.  More than half of the vendors had a Hawaii address. 

 

The economic and security benefits accruing to the state and county governments and Hawaii’s small businesses and resident workforce are enormous and underscore the Chamber’s dedication to military affairs. Defense spending has served as the stabilizing source for revenues and jobs during economic downturns, and will continue to provide good business and job opportunities in the years ahead.

 

The conference fetaured updates for business leaders and state/county officials on the military presence in Hawaii and Asia Pacific region regarding command changes, deployments, Asia-Pacific partnerhsips, impact of federal budget cuts, along with information on the current and future military projects and programs.