How much did the military spend yesterday? $5.03 billion
Friday's big winner was United Technologies Pratt & Whitney Engines with a $3.2 billion modification (increase) to an existing contract for the production and delivery of 233 propulsion systems.
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
May 31, 2019
totaling $5,037,336,278
Recent record daily spending: $10 billion on May 8, 2019
Navy - $4,388,367,662
United Technologies Pratt & Whitney Engines (E. Hartford, CT) $3,239,028,961
KBRwyle Technology Solutions (Columbia, MD) $530,375,543
Carahsoft Technology (Reston, VA) $440,000,000
Hensel Phelps Construction (Honolulu, HI) $53,465,000
Insitu (Bingen, WA) $47,930,791
Lockheed Martin Rotary & Mission Systems (Liverpool, NY) $29,324,550
Oshkosh Defense (Oshkosh, WI) $14,473,955
Sierra Nevada (Sparks, NV) $9,757,670
Lockheed Martin Mission Systems & Training (Baltimore, MD) $9,324,995
Progeny Systems (Manassas, VA) $7,644,811
Raytheon Integrated Defense Systems (Portsmouth, RI) $7,041,386
Army - $275,686,830
DirectViz Solutions (Chantilly, VA) $84,243,630
LOC Performance (Plymouth, MI) $67,680,731
Wolf Creek Federal Services (Anchorage, AK) $46,261,584
International Enterprises (Talladega, AL) $24,500,000
Kraemer North America (Plain, WI) $16,977,592
Navistar Defense (Lisle, IL) $14,085,821
AECOM Technical Services (Los Angeles, CA) $12,000,000
Advanced Concepts & Technologies International (Waco, TX) $9,937,472
US Transportation Command - $126,105,964
Air Transport International (Wilmington, OH), American President Lines (Washington, DC), American Roll-On Roll-Off (Parsippany, NJ), Amerijet International (Ft. Lauderdale, FL), Farrell Lines (Reston, VA), Hawaiian Airlines (Honolulu, HI), Liberty Global Logistics (Lake Success, NY), National Air Cargo Group (Orlando, FL), Northern Air Cargo (Anchorage, AK), Schuyler Line Navigation (Annapolis, MD), United Airlines (Chicago, IL) $126,105,964
Defense Logistics Agency - $112,432,843
Noble Supply & Logistics (Rockland, MA) $60,000,000
Optima Batteries (Milwaukee, WI) $21,773,792
L3 Communications Cincinnati Electronics (Mason, OH) $12,500,040
CACI Federal (Chantilly, VA) $10,760,666
Boeing (St. Louis, MO) $7,398,345
Defense Health Agency - $60,122,095
NetImpact Strategies (Chantilly, VA) $39,932,635
Unissant (Herndon, VA) $20,189,460
Air Force - $44,212,539
Boeing (St. Louis, MO) $35,000,000
Raytheon Missile Systems (Tucson, AZ) $9,212,539
Washington Headquarters Services - $30,408,345
Johns Hopkins University Applied Physics Laboratory (Laurel, MD) $22,231,309
NetCentrics (Herndon, VA) $8,177,036
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