2015 State of the Commonwealth Report
An estimated 11.8 percent of Virginia’s GDP depends upon defense spending. An important part of this are the contracts awarded to Virginia businesses by the Department of Defense. Two regions – Northern Virginia and Hampton Roads – account for 86 percent of these contracts.
Center for Economic Analysis and Policy, Old Dominion University, "Part 3: Digging Deeper: A Closer Look at Defense Spending in Virginia" (2015). State of the Commonwealth Reports. 20.