How much did the military spend yesterday? $1.6 billion

Yesterday's big winner was DLT Solutions out of Herndon, Virginia with a blanket purchase agreement for the DoD's Enterprise Software Initiative. The contract procures commercial-off-the-shelf software and various IT services.

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 12, 2019
totaling $1,631,358,529

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

Navy - $1,048,969,296

DLT Solutions (Herndon, VA) $820,450,000
Air New Zealand Gas Turbines (Auckland, New Zealand), MTU Maintenance Brandenburg-Berlin (Ludwigsburg, Germany) $70,000,000
C&C Power Solutions (Columbus, GA) $65,000,000
Palantir Technologies (Palo Alto, CA) $27,640,000
Mercury Defense Systems (Cypress, CA) $22,901,395
Frontier Technology (Beavercreek, OH) $13,236,204
IAP Worldwide Services (Cape Canaveral, FL) $10,870,239
Schuyler Line Navigation (Annapolis, MD) $10,595,700
Paradromics (Austin, TX) $8,275,758

Air Force - $406,263,809

SOSSEC (Atkinson, NH) $355,000,000
Textron Defense Systems (Wilmington, MA) $51,263,809

Army - $168,974,027

Boeing (Mesa, AZ) $96,873,221
DynCorp International (Ft. Worth, TX) $29,311,547
Joint Research & Development (Stafford, VA) $25,000,000
BAE Systems Ordnance Systems (Radford, VA) $17,789,259

Defense Information Systems Agency - $7,151,397

SES Government Solutions (Reston, VA) $7,151,397