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Navy economic impact on Hampton Roads grows

Jan. 5, 2011 - 11:35AM   |   Last Updated: Jan. 5, 2011 - 11:35AM  |  
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NORFOLK, Va. — The Navy remains a powerful force in Hampton Roads, generating a total economic impact approaching $15 billion annually, according to the latest Navy Department analysis.

The Navy's direct economic impact to the southeast Virginia region grew by $165 million in fiscal year 2009 to $14.85 billion from the previous year, Navy Region Mid-Atlantic reported Wednesday.

Annual payroll increased from $7.5 billion to $8.2 billion as the number of Navy and civilian workers grew to more than 122,360.

Procurement expenditures — goods and services — decreased from about $7.1 billion to $6.7 billion.

During that time, the number of ships homeported in Hampton Roads decreased by one to 83 with the decommissioning of the resupply ship Saturn. The number of aircraft squadrons increased by one to 35 with the move of a helicopter squadron from Naval Air Station Corpus Christi, Texas, to Naval Station Norfolk.

Naval Station Norfolk, the world's largest navy base, has the largest number of military and civilian employees, totaling more than 71,000.

Overall, the Navy's active and retired military members and their families total more than 230,000.

Gov. Bob McDonnell has created a commission to ensure the Navy's presence in Hampton Roads, and the military statewide. The Pentagon has proposed moving an aircraft to Mayport, Fla., and closing Joint Forces Command.

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