Government Impact on Kitsap County: Defense Spending, SIOP, and Economic Forecast - KEDA

Описание: How does federal defense spending actually shape the local economy?

In this data-driven session from CMMC-PNW, James Davis and Elizabeth Court from the Kitsap Economic Development Alliance (KEDA) break down the massive economic impact of the Department of Defense on Kitsap County. With a federal workforce earning nearly double the county average and billions of dollars in shipyard infrastructure projects on the horizon, the region is poised for significant growth—and challenges.

In this video, you will learn:

The Economic Engine: Why Kitsap County receives almost 2x more federal funding per capita than neighboring King County.

The Multiplier Effect: How 44,000+ federal jobs support an additional ~20,000 local jobs in service, healthcare, and education.

Shutdown Reality Check: The staggering cost of a government shutdown to the local economy ($78 million/week in lost circulation).

SIOP Spending: An update on the Shipyard Infrastructure Optimization Program (SIOP), including recent contracts awarded to Alberici ($377M) and others.

Construction Opportunities: Why the $8B+ originally estimated for shipyard upgrades is just the beginning, and how every project will require CMMC compliance.

Housing & Infrastructure: The critical housing shortage facing incoming contractors and military personnel, and how developers are responding.