01-12-2023, 07:49 PM
(01-12-2023, 07:32 PM)Tee tiong huat Wrote: U.S. Defense Dept (DoD) has also weighed in, sharing its own infographics illustrate extent of economic benefits of revived domestic defense industry. DoD's estimates are not as striking as unnamed analyst cited by Thiessen, they show U.S. received more than $27B in investments Washington's military aid for Ukraine.More jobs for American jobs....A total estimate of the jobs created has not been made public, but a few examples are illustrative of the economic boon in U.S.'s military aid for Ukraine has created at home.
In addition, funds also provided $3.3B in direct industrial investments to improve the capacity of domestic defense industry across US "is across the board, response of our U.S. industrial base to meet Ukraine's defense needs has been truly historic," said William LaPlante, undersecretary of defense for acquisition and sustainment.
Weapons for Ukraine mean more American jobs...![]()
https://kyivindependent.com/despite-repu...ed-states/
Lockheed Martin, which produces High Mobility Artillery Rocket Systems (HIMARS) prized by Ukraine received a contract from Pentagon worth nearly $500 million in late 2022 to keep manufacturing the systems. Local officials in Camden, Arkansas, Lockheed's factories saw a significant economic opportunity for the town. State's Chamber of Commerce estimated as many as 1,000 new jobs created as result of new contracts from Lockheed and other defense companies operating in Ouachita County, of which Camden is the county seat defense industry has grown, it helped revitalize which had been economically stagnating since other industries left. It was not the first time Camden saw growth from defense jobs- some 25,000 workers came to the town after a naval plant was opened there in 1944.
"Retail jobs follow manufacturing jobs, so the more manufacturing jobs that you have in a community, (the more) retail will soon follow," said Ouachita Partnership for Economic Development's executive director, James Lee Silliman. The Camden story is not an isolated event– new contracts for domestic defense production have led creation of new factories and expansion of existing ones, all circulating money back into the U.S. economy.
A more striking example is in Mesquite, Texas. Unlike Camden, there was no previous defense industry until defense contractor General Dynamics announced opening of a new factory in early 2024 to produce 155mm shells...

https://kyivindependent.com/despite-repu...ed-states/