A new study shows Maryland's military facilities have a major impact on the state's economy.
The Maryland Department of Business and Economic Development (DBED) recently tasked the Regional Economic Studies Institute (RESI) of Towson University with determining the economic impact of the state's military installations. The results were announced yesterday by DBED Secretary Mike Gill at the Maryland Military Installation Council meeting.
RESI estimates that Maryland's military installations generated $51.8 billion and supported 350,411 jobs during fiscal year 2012. Additionally, thousands of visitors to the facilities spent more than $123.3 million.
Fifteen Maryland military facilities were analyzed duringthe study, including:
Joint Base Andrews
Aberdeen Proving Ground
Fort Detrick
Fort George G. Meade
National Maritime Intelligence Center
Naval Support Activity Bethesda
Patuxent River Naval Air Station
Curtis Bay Coast Guard Yard
Maryland National Guard
Naval Research Lab Chesapeake Bay
Naval Support Activity Annapolis
Naval Support Warfare Center Carderock
Naval Support Warfare Center Indian Head
Army Research Laboratory Adelphi
Army Corps of EngineersBaltimore
The FY2012 results show a significant increase since the FY2008 results, generating 264,000 jobs and $35.5 billion in economic impact.
Read the full Maryland Military Installation Economic Impact Study on our website.

