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How much did the military spend yesterday? $910 million

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geke633.626 years agoBusy2 min read


https://geke.us/wp-content/uploads/2018/08/DefenseSpending.001.png

Wasn't able to post yesterday, but the monthly totals will include any awards from September 4. Yesterday was again slow for the seven corporations we're watching; only two snagged any money: Booz Allen Hamilton and General Dynamics.

Yesterday's breakdown:

BAE: --
Boeing: --
Booz Allen Hamilton: $49,500,000 (1 contract)
General Dynamics: $7,237,568 (1 modification)
Lockheed Martin: --
Northrop Grumman: --
Raytheon: --

September to-date totals:

BAE: --
Boeing: -- $32,494,440
Booz Allen Hamilton: $49,500,000
General Dynamics: $45,278,013
Lockheed Martin: $58,434,347
Northrop Grumman: --
Raytheon: -- $8,422,148


This information is provided to highlight just how much taxpayer money is spent, per day, to enrich companies participating in the military industrial complex. The idea that our economy requires a governmental redistribution of wealth from individual taxpayers to large corporations that are friendly and well-connected to government came from the Keynesian argument for demand “stimulus” -- that our economy's health depends on higher and higher levels of spending. For this reason, personal saving is discouraged and often penalized by the government. But because individuals still tend to follow personal incentives to save, the Keynesian argument remains in effect: that government should spend money the public is reluctant to spend through tax-and-spend policies.



Below are the contracts awarded by the Defense Department
September 5, 2019
totaling $910,005,070

Recent record daily spending: $17 billion on August 5, 2019



Army - $476,775,683


Ensign-Bickford Aerospace & Defense (Simsbury, CT), Chemring Ordnance (Perry, FL) $320,000,000
Honeywell International (Clearwater, FL) $37,851,458
MW Builders (Pflugerville, TX) $30,477,000
General Atomics Aeronautical Systems (Poway, CA) $29,316,074
Ace Precision Machining (Oconomowoc, WI) $25,000,000
Nakasato Contracting (Honolulu, HI) $14,200,000
GP Strategies (Columbia, MD) $12,693,583
General Dynamcs IT (Fairfax, VA) $7,237,568

Navy - $383,729,387


Hexagon US Federal (Huntsville, AL) $107,067,910
DynCorp International (Ft. Worth, TX) $88,730,512
General Electric Aviation Systems (Vandalia, OH) $56,594,358
PAE Applied Technologies (Arlington, VA) $52,268,318
Pacific Shipyards International (Honolulu, HI) $32,110,694
Utah State University Research Foundation - Space Dynamics Laboratory (N. Logan, UT) $24,999,998
PrimeTech International (N. Kansas City, MO) $12,457,597
Oceanit Laboratories (Honolulu, HI) $9,500,000

Defense Information Systems Agency - $49,500,000


Booz Allen Hamilton (McLean, VA) $49,500,000



https://res.cloudinary.com/hpiynhbhq/image/upload/v1519573191/fa6rcf7wcadagaykk8iz.jpg

https://geke.us/wp-content/uploads/2018/02/Screen-Shot-2018-02-23-at-11.17.25-AM.png

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