State of North Carolina - Phase II
Abstract
There are 3,608 defense contractors in North Carolina who depend on the DoD for a significant portion of their annual revenue. Sequestration and periods of reduced defense spending have historically had devastating consequences on the small and medium-sized contractors who rely solely or primarily on the DoD for their business. To advance efforts to help these vulnerable companies pursue alternative markets or find other ways to reduce their dependence on DoD, NC State University (NCSU) Industry Expansion Solutions (IES) and the NC Department of Military and Veterans Affairs (NCDMVA) are launching Phase II of the NC Defense Industry Diversification Initiative (NC DIDI) under the OEA DIA Assistance Grant Program. Phase II aims to expand and enhance the planning and piloting efforts of Phase I, maximize the impact of the NC DIDI, provide assessments and customized business services to 30 total defense contractors, and add new advanced manufacturing capabilities to NC companies in the aerospace and defense supply chain. Project activities include: providing project management and oversight of the established NC DIDI, conducting research and analysis on economic data that will influence change at the regional and state levels, expanding and enhancing the communications and outreach strategy to raise greater awareness and support for the program, conducting needs assessments and delivering business services to help eligible companies maximize their growth potential and [CYBERSECURITY RESILIENCY], and planning strategic development and sustainability efforts to continue NC DIDI efforts beyond the funding period. This project directly supports modernization efforts to facilitate the economic diversification of defense contractors and subcontractors and builds both a more resilient supply-chain for DoD but also directly contributes to a more robust economy locally. Cybersecurity education and technical assistance will help contractors and subcontractors to achieve compliance with NIST 800-171 security control requirements. The project will strengthen NC’s economy through continued and increased business in defense and commercial sectors and position a greater number of NC’s small and medium-sized defense contractors to adopt the innovative cybersecurity and additive manufacturing technologies they need to become or remain competitive in order to diversify revenue streams and better serve the DoD in times of high-demand.
Document Details
- Document Type
- DoD Grant Award
- Publication Date
- Feb 04, 2020
- Source ID
- HQ00051910001
Entities
People
- Michael Mullins
Organizations
- North Carolina State University
- Office of Local Defense Community Cooperation
- Office of the Secretary of Defense