Story perspectives

Louisiana Defense Sector Soars: $17B Impact and 117K Jobs

11/14/2025

42 6

Summary

Story summary

Louisiana's defense sector generated over $17 billion in economic activity in fiscal year 2024, up 77% since 2021.
The growth supported more than 117,000 jobs and $707 million in tax revenues.
Governor Jeff Landry (R-LA) highlighted Bollinger Shipyards' U.S. Navy deal for Arctic Security Cutters.
Military retirees and veterans contribute $5.6 billion to local economies, supporting over 35,000 jobs through expenditures and contracts with the Louisiana Department of Veterans Affairs.

1 of 1

Story summary

Louisiana's defense sector generated over $17 billion in economic activity in fiscal year 2024, up 77% since 2021.
The growth supported more than 117,000 jobs and $707 million in tax revenues.
Governor Jeff Landry (R-LA) highlighted Bollinger Shipyards' U.S. Navy deal for Arctic Security Cutters.
Military retirees and veterans contribute $5.6 billion to local economies, supporting over 35,000 jobs through expenditures and contracts with the Louisiana Department of Veterans Affairs.