BOSTON (AP) - A new study has found that federal defense and homeland security contracts added nearly $34 billion to New England's economy in 2011.
The regional study from the University of Massachusetts Donahue Institute, which tracks data from 2003 to 2011, was released Monday at a Capitol Hill briefing hosted by Massachusetts Sens. John Kerry and Scott Brown.
The report examines the trends in defense spending and the interconnections between the six New England states. It was commissioned by the Defense Technology Initiative.
According to the study, Massachusetts received nearly $13.9 billion from Department of Defense and Department of Homeland Security contracts - an increase of 83 percent over the study period.
The contracts are responsible for 130,000 Massachusetts jobs.