How much did the military spend yesterday? $214 million

Yesterday's big winner was Boeing with a $42 million delivery order on a previously issued ordering agreement for 48 trailing edge flaps for F/A-18 aircraft.

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.

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Below are the contracts awarded by the Defense Department
July 1, 2019
totaling $214,193,074

Recent record daily spending: $10 billion on May 8, 2019

Air Force - $78,204,942

CACI Technologies (Chantilly, VA) $34,837,804
The Design Knowledge Co. (Fairborn, OH) $15,000,000
LinQuest (Los Angeles, CA) $12,824,336
Raytheon (Dulles, VA) $8,045,715
AECOM Management Services (Germantown, MD) $7,497,087

Army - $77,911,886

Cardno GS (Charlottesville, VA), AECOM Technical Services (Los Angeles, CA), Atkins North America (Dallas, TX), HDR Environmental Operations & Construction (Englewood, CO), Tetra Tech (Fairfax, VA), Jacobs Engineering Group (Dallas, TX), Leidos (Reston, VA) $49,000,000
Hughes Network Systems (Germantown, MD) $11,823,659
Techwerks (Arlington Heights, IL) $8,920,153
Henry M. Jackson Foundation for the Advancement of Military (Bethesda, MD) $8,168,074

Navy - $49,996,140

Boeing (St. Louis, MO) $42,875,328
Lockheed Martin Rotary & Mission Systems (Moorestown, NJ) $7,120,812

Defense Logistics Agency - $8,080,106

Exelan Pharmaceuticals (Boca Raton, FL) $8,080,106