The State of the Region: Hampton Roads 2015
While defense expenditures are decelerating, in FY 2015, Newport News (dominated by Huntington Ingalls) received $1.13 billion in new defense contract awards, while Virginia Beach received $838 million, Norfolk $774 million and Hampton $166 million. Atlantic Diving, headquartered in Virginia Beach, was our second-largest contractor with $206 million.
Center for Economic Analysis and Policy, Old Dominion University, "Part 2: Defense Expenditures in Hampton Roads: Digging Deeper" (2015). State of the Region Reports: Hampton Roads. 29.