Texas Ranks as a Top U.S. Leader in Private-Sector Defense
· Texas Border Business
Texas ranks among the leading states in the U.S. for private-sector defense industries, hosting hundreds of companies involved in land, sea defense, and cybersecurity. The state boasts a strong supply chain of smaller firms that contribute significantly to national defense and economic growth, offering jobs that pay over 40% more than the regional average. In North Texas, where the industry is concentrated, private defense firms generate approximately $35.3 billion in annual gross product and support around 264,600 jobs. This sector also contributes nearly $1.8 billion in state tax revenue and $1.5 billion to local entities, indicating its vital role in the economy.
AI summary · Source: Texas Border Business →
