BEALE AFB, Calif. –
Jobs, contracts and construction projects funded by the 940th Wing at Beale Air Force Base funneled more than $41 million into area communities, according the Air Force Reserve unit's fiscal year 2012 economic impact statement.
The total impact figure exceeded last year's economic impact by more than $7 million, due primarily to an increase in payroll spending by the unit. The wing's payroll for the 1,101 civilian and military jobs it hosts is $27, 822,250. Added to that sum is another $7, 539,738 in estimated value of 193 community jobs potentially created by the unit.
"As a tenant unit here at Beale, we don't own the land or the aircraft. Our people are our greatest asset," said Colonel Kevin Cavanagh, 940th Wing commander. "When we invest in payroll, that money ends up in the communities throughout Northern California where our Citizen Airmen and their families live and work."
According to the annual report, the 940th Wing channeled more than $4.5 million toward construction, services, and purchases of equipment and supplies.
"Over the past couple of years, the Air Force Reserve Command has funded several improvements to facilities, as well as new construction projects, here at Beale to benefit the 940th Wing's mission accomplishment," Cavanagh said. "Our members play an integral part in what goes on at Beale, and the Reserve Command is committed to ensuring 940th Wing Reservists have what they need to continue providing expertise and continuity to the Air Force mission."
The 940th Wing is the Air Force Reserve Command's leading provider of command and control, intelligence, surveillance, and reconnaissance and the home to the only Global Hawk remotely piloted aircraft unit in the Reserve. The men and women of the 940th Wing have participated in numerous humanitarian missions across the globe and have made significant contributions to U.S. operations in Iraq, Afghanistan, and Libya.
There are nearly 1200 members assigned to the 940th Wing at Beale Air Force Base, Calif., with five geographically separated units at Joint Base Langley-Eustis in Virginia, March Air Reserve Base in southern California, and Joint Base Pearl Harbor-Hickam, Hawaii.
In addition to the reported impact on the Beale area economy, Air Force Reserve jobs funded by the 940th Wing funneled more than $14.5 million into communities around the bases where the wing's geographically separated units are located, according to the annual statement..
For more information, contact the 940th Wing Public Affairs at
940wg.pa@beale.af.mil.