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Old Posted Nov 29, 2019, 12:38 AM
austlar1 austlar1 is offline
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Join Date: May 2007
Location: Austin
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Quote:
Originally Posted by KB0679 View Post
Not in terms of numbers, but in terms of prominence and variety of institutions.



Eh, we'll agree to disagree concerning the military. It seems to play a rather minor role in DFW's economy (and the same is pretty much true for Miami and Atlanta also). I actually think that having a rather large military sector can lead to a sort of complacency since the military tends to be a reliable economic fixture and that could be at least partially to blame for the lack of a local dynamic economy in many military-dependent cities. I think Houston benefits more from NASA's presence than it would from a DFW-sized military presence myself.

And come on, you know very well that DFW airport and the Port of Houston are two different types of assets. If you want to talk about entities in the state that are public or receive large amounts of government financial support, you've gotta mention Houston's port which is one of the largest and busiest in the world. It's also directly tied to the region's petrochemical industry.

Dallas-Fort Worth's defense contracting industry is one of the largest in the country. Several industry giants including Lockheed Martin Corp. (NYSE: LMT), Raytheon Co. (NYSE: RTN), L3 Technologies, Inc.

https://www.bizjournals.com/dallas/n...nse-deals.html
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