How much did the military spend yesterday? $222 million

Both Northrop Grumman and Raytheon made the list yesterday but neither company is anywhere close to General Dynamic's October total of $434 million. This will be a slower spending month as the new spending quarter is just getting rolling; Booz Allen definitely seems to be feeling the effects of lower spending levels.

Yesterday's breakdown:

BAE: --
Boeing: --
Booz Allen Hamilton: --
General Dynamics: --
Lockheed Martin: --
Northrop Grumman: $18,253,921 (1 modification)
Raytheon: $128,450,262 (1 contract)

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 21, 2019
totaling $222,007,845

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

Air Force - $145,912,262

Raytheon (Dulles, VA) $128,450,262
Mesotech International (Sacramento, CA) $17,462,000

Arm y - $38,864,680

Advanced Structural Technologies (Oxnard, CA) $17,643,500
Pontchartrain Partners (New Orleans, LA) $12,221,180
TAC Environmental (Toledo, OH) $9,000,000

Defense Logistics Agency - $18,976,982

Oshkosh Defense (Oshkosh, WI) $9,899,267
Standard Bent Glass (E. Butler, PA) $9,077,715

Navy - $18,253,921

Northrop Grumman Systems (San Diego, CA) $18,253,921

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.