Wednesday, May 19, 2010

Government contracts abroad spur jobs at home, save taxpayer dollars

What do government contracts for work removing landmines in former combat zones, protecting embassies globally and outfitting forward operating bases in Iraq and Afghanistan mean at home?

To the Tennessee towns of Lenoir City and Maryville, the more than $80 million in combined contracts two rival companies — EOD Technology of Lenoir City and Relyant of Maryville — hold with the government have created nearly 200 local jobs and generated substantial tax revenue.

To the troops in the combat zone, they have provided information technology and logistics support, as well as money-saving, climate-controlled for housing that allows for investment in other equipment.

To embassy staff around they world, they’ve provided safety through compound security contracts.

And to the communities they work in abroad, they provide roads and fields free of explosive devices and free of hazardous waste due to contracts for munitions and waste cleanup.

You can read more about the local and global impacts these firms have had in the Knoxville (Tenn.) News Sentinel.

While you read, keep in mind these are two firms with a small slice of the $500 billion government contracting pie. Given the successes of these firms, imagine what the entire government contracting community brings at home and abroad!