Because one of the contracts yesterday was a joint award to Raytheon and Lockheed Martin as a joint venture, the amount of the contract was divided in two with each company below receiving half. Notice that Lockheed Martin is doing well this month, with just shy of a half billion dollars in awards from the government and September isn't even half over.
Yesterday's breakdown:
BAE: $7,480,485 (1 contract)
Boeing: $15,111,310 (1 contract)
Booz Allen Hamilton: --
General Dynamics: --
Lockheed Martin: $116,669,974 (2.5 contracts)
Northrop Grumman: --
Raytheon: $100,293,915 (1.5 contracts)
September to-date totals:
BAE: $288,416,143
Boeing: $93,409,738
Booz Allen Hamilton: $61,265,526
General Dynamics: $126,870,311
Lockheed Martin: $496,880,935
Northrop Grumman: --
Raytheon: $108,716,063
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
September 12, 2019
totaling $2,574,952,495
Recent record daily spending: $17 billion on August 5, 2019
Navy - $1,176,895,842
Black Construction / Tutor Perini JV (Harmon, Guam), Caddell / Nan JV (Montgomery, AL), Core Tech-HDCC-Kajima (Tamuning, Guam), Gilbane SMCC ECC (Concord, CA), Hensel Phelps Construction (Honolulu, HI) $990,000,000
Walsh Federal (Chicago, IL) $49,845,000
The Johnson-McAdams Firm (Greenwood, MS) $30,000,000
Sroka (Strongsville, OH) $22,944,161
Vigor Marine (Portland, OR) $17,635,905
Boeing (Oklahoma City, OK) $15,111,310
Lockheed Martin Rotary & Mission Systems (Moorestown, NJ) $12,920,955
Granite Construction (Watsonville, CA) $12,901,901
Lockheed Martin Mission Systems & Training (Baltimore, MD) $10,948,268
BAE Systems Land & Armaments (Louisville, KY) $7,480,485
KIRA Aviation Services (Blytheville, AR) $7,107,857
Army - $1,121,805,319
BFBC (Bozeman, MT) $440,000,000
Kiewit Infrastructure (Woodcliff Lake, NJ) $264,422,000
Raytheon / Lockheed Martin JV (Tucson, AZ) $185,601,502
Dobco (Wayne, NJ) $111,600,000
Stoa Architects (Pensacola, FL), Raymond Pond Full Service Solutions (Conyers, GA), PSC-Schenkel Shultz (Lubbock, TX), Rogers Lovelock & Fritz (Orlando, FL), Michael Baker / Stanley JV (Pittsburgh, PA), Mason & Hanger Group (Lexington, KY) $49,000,000
Ashford Leebcor Enterprises (Williamsburg, VA) $28,605,776
LJ Clark Construction (Moore Haven, FL) $11,373,817
RE Goodson Construction (Darlington, SC) $8,622,487
Matrix Providers (Denver, CO) $7,586,573
Senspex (Albuquerque, NM) $7,500,000
Raytheon Missile Systems (Tucson, AZ) $7,493,164
Defense Information Systems Agency - $245,000,000
Johns Hopkins University Applied Physics Laboratory (Laurel, MD) $245,000,000
Air Force - $22,268,474
LGS Innovations Applied Research & Technology (Florham Park, NJ) $12,752,488
X Technologies (San Antonio, TX) $9,515,986
Defense Logistics Agency - $8,982,860
Bell Helicopter (Ft. Worth, TX) $8,982,860
