$7.38 billion federal contracts spur growth in North Carolina: NC Military Business Center

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North Carolina Construction News staff writer

The North Carolina Military Business Center (NCMBC) says $7.38 billion in federal prime contracts were completed across North Carolina in FY2023, including $4.11 billion in Department of Defense (DoD) prime contracts.

Scott Dorney, NCMBC executive director

“Each of these prime contracts – and perhaps billions more in subcontracts – grows jobs, expands the economy and tax base and improves quality of life for everyone in North Carolina,” said Scott Dorney, NCMBC executive director. “The defense and federal economy in North Carolina remained strong in 2023, as businesses of all sizes across the state leveraged sustained opportunities to grow their federal business portfolios.

“The state’s investment in growing the defense economy and its commitment to sustaining our military installations and war-fighters are benefiting all North Carolinians every day.”

Businesses in 95 counties performed work for the federal government as prime contractors and companies in 79 counties performed work for the Department of Defense as prime contractors.

Businesses in 14 counties performed over $75 million in federal prime contracts, including:

  • Cumberland: $2 million
  • Durham: $1,203,465,147.41
  • Onslow: $987,485,419.19
  • Craven: $531,310,820.15
  • Wake: $376,638,763.00
  • Guilford: $334,567,881.58
  • Mecklenburg: $209,207,752.97
  • Buncombe: $177,831,432.92
  • Pasquotank: $175,757,482.29
  • New Hanover: $130,181,938.35
  • Wayne: $115,796,725.31
  • Brunswick: $115,557,171.75
  • Forsyth: $91,708,643.25
  • Rockingham: $77,876,573.15

For a full list of projects contact Courtney Smedick at courtney@ncmbc.us.

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