How much did the military spend yesterday? $915 million

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geke633.626 years agoBusy2 min read

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

Because General Dynamics is competing with another company for task orders in the contract awarded to them yesterday, only half of the award is listed below. (Although I couldn't post yesterday, the monthly totals include the missed day.)

Yesterday's breakdown:

BAE: --
Boeing: --
Booz Allen Hamilton: $11,765,526 (1 modification)
General Dynamics: $66,606,060 (1 contract)
Lockheed Martin: $40,614,330 (1 modification)
Northrop Grumman: --
Raytheon: --

September to-date totals:

BAE: $280,935,658
Boeing: $32,494,440
Booz Allen Hamilton: $61,265,526
General Dynamics: $126,870,311
Lockheed Martin: $380,210,961
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 10, 2019
totaling $915,238,367

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

Navy - $561,670,701

Collins Aerospace (Cedar Rapids, IA) $310,509,144
ViaSat (Carlsbad, CA) $100,465,034
Siemens Government Technologies (Arlington, VA) $46,677,053
Data Link Solutions (Cedar Rapids, IA) $30,000,000
Simmonds Precision Products (Vergennes, VT) $12,986,404
Booz Allen Hamilton (McLean, VA) $11,765,526
VSE (Alexandria, VA) $10,082,812
KPMG (McLean, VA) $8,577,162
KPMG (McLean, VA) $7,971,673
KPMG (McLean, VA) $7,903,948
Austal USA (Mobile, AL) $7,466,598
KPMG (McLean, VA) $7,265,347

Army - $323,772,985

American Ordnance (Middletown, IA), General Dynamics (Niceville, FL) $133,212,119
DonJon Marine (Hillside, NJ) $43,409,975
Lockheed Martin (Orlando, FL) $40,614,330
Tetra Tech (Germantown, MD) $39,774,838
The Robins & Morton Group (Birmingham, AL) $32,994,842
MC Dean (Tysons, VA) $15,334,437
Ology Bioservices (Alachua, FL) $10,870,944
Great Lakes Dredge & Dock (Oak Brook, IL) $7,561,500