How much did the military spend yesterday? $17.5 billion
Yesterday's big winner was a group of 16 companies that will compete for task orders on a $17 billion Intelligence contract to “provide worldwide coverage, support and assistance to the Defense Intelligence Agency by delivering timely, objective and cogent military intelligence to warfighters, defense planners and defense and national security policy makers, all vital to the security of the U.S.”
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
August 5, 2019
totaling $17,574,274,592
Recent record daily spending: $10 billion on May 8, 2019
Defense Intelligence Agency - $17,100,000,000
BAE Systems Technology Solutions & Services (Rockville, MD), Bluehawk (W. Palm Beach, FL), Booz Allen Hamilton (McLean, VA), CACI (Arlington, VA), Calhoun International (Tampa, FL), Celestar (Tampa, FL), CSRA (Falls Church, VA), Edge Analytic Solutions (McLean, VA), Fulcrum IT Services (Centerville, VA), Invictus International Consulting (Alexandria, VA), Leidos (Reston, VA), Mission Essential Personnel (New Albany, OH), Preting (Alexandria, VA), SOS International (Reston, VA), The Buffalo Group (Reston, VA), Vencore/Perspecta (Chantilly, VA) $17,100,000,000
Army - $325,877,308
ZGF / Leo A. Daly JV (Omaha, NE) $130,000,000
AECOM Technical Services (Los Angeles, CA), Burns & McDonnel (Kansas City, MO), Jacobs Engineering Group (St. Louis, MO), HDR Engineering (Omaha, NE) $49,000,000
Tetra Tech (Marlborough, MA) $45,000,000
Messer Construction (Cincinnati, OH) $28,968,000
HDR Engineering (Omaha, NE) $20,000,000
Missouri Department of Social Services (Jefferson City, MO) $16,675,000
Science Applications International (Reston, VA) $16,498,835
SourceAmerica (Vienna, VA) $9,998,043
Integrated Environmental Solutions (Crestwood, IL) $9,737,430
Navy - $120,314,831
ShadowObjects (Leonardtown, MD) $34,060,886
Boeing (Seattle, WA) $32,078,298
Harris Corp. RF Communications (Rochester, NY) $18,739,106
Raytheon (Indianapolis, IN) $17,486,136
University of Southern California (Los Angeles, CA) $9,338,631
Raytheon Integrated Defense Systems (Portsmouth, RI) $8,611,774
US Transportation Command - $19,819,032
Harley Marine Services (Seattle, WA) $19,819,032
Defense Advanced Research Projects Agency - $8,263,421
Raytheon (Goleta, CA) $8,263,421
what an incredible waste of money
Agreed.
To listen to the audio version of this article click on the play image.
Brought to you by @tts. If you find it useful please consider upvoting this reply.
Hi @geke!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.998 which ranks you at #1159 across all Steem accounts.
Your rank has improved 14 places in the last three days (old rank 1173).
In our last Algorithmic Curation Round, consisting of 180 contributions, your post is ranked at #143.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server