How much did the military spend yesterday? $175 million

Another low spending day, but SupplyCore out of Rockford, Illinois benefitted from two contracts yesterday worth $123 million.

Yesterday's breakdown:

BAE: --
Boeing: --
Booz Allen Hamilton: --
General Dynamics: --
Lockheed Martin: --
Northrop Grumman: --
Raytheon: --

October to-date totals:

BAE: $82,590,985
Boeing: $201,211,382
Booz Allen Hamilton: $0
General Dynamics: $434,370,635
Lockheed Martin: $355,893,416
Northrop Grumman: $226,422,924
Raytheon: $158,302,752

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Below are the contracts awarded by the Defense Department
October 22, 2019
totaling $175,883,250

Recent record daily spending: $6.7 billion on October 18, 2019

Defense Logistics Agency - $123,000,000

SupplyCore (Rockford, IL) $71,000,000
SupplyCore (Rockford, IL) $52,000,000

Navy - $42,969,476

FlightSafety Services (Centennial, CO) $13,344,850
EnergySolutions Services (Oak Ridge, TN) $13,001,962
Leebcor Services (Williamsburg, VA) $8,451,462
Austal USA (Mobile, AL) $8,171,202

Air Force - $9,913,774

Goodrich / Collins Aerospace (Westford, MA) $9,913,774

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. Its spending primarily enriches the military industrial complex, including the big seven: BAE, Boeing, Booz Allen Hamilton, General Dynamics, Lockheed Martin, Northrop Grumman, and Raytheon.