Economic Impact
NSWC PCD is a major research, development, test and evaluation laboratories of the Naval Sea Systems Command (NAVSEA). It is one of the largest employers in Bay County, Florida with an annual payroll of about $117 million. NSA PC employs approximately 2800 civilian and military personnel, for an annual payroll of over $150 million. NSA PC contracts services, buys local goods, and maintains an active construction program. Its economic impact on Bay County is about $400 million annually.
Read more about this topic: Naval Support Activity Panama City
Famous quotes containing the words economic and/or impact:
“The chief reason warfare is still with us is neither a secret death-wish of the human species, nor an irrepressible instinct of aggression, nor, finally and more plausibly, the serious economic and social dangers inherent in disarmament, but the simple fact that no substitute for this final arbiter in international affairs has yet appeared on the political scene.”
—Hannah Arendt (1906–1975)
“If the federal government had been around when the Creator was putting His hand to this state, Indiana wouldn’t be here. It’d still be waiting for an environmental impact statement.”
—Ronald Reagan (b. 1911)