Tuesday, May 15, 2012

GC bases valued at $20.3B

Military facilities along the Gulf Coast Interstate 10 corridor have a combined plant replacement value of $20.3 billion, with three bases accounting for nearly $8.2 billion. According to data in the fiscal year 2012 Department of Defense Base Structure Report, the region between Southeast Louisiana and Northwest Florida has 47 DoD sites with a combined 723,297 acres – more than 1,130 square miles. Many of the sites in South Alabama and Northwest Florida are outlying fields used by aviators for training. (Source: Gulf Coast Aerospace Corridor, 05/15/12)