Yesterday BAE blew past its recent $1 billion mark for September with a $2.6 billion contract for the Advanced Precision Kill Weapon System II. The company's total awards for September are now approaching $4 billion. Meanwhile, Lockheed Martin just yesterday broke their $1 billion barrier for the month of September.
Yesterday's breakdown:
BAE: $2,735,033,950 (1 contract, 1 modification)
Boeing: $50,490,398 (2 contracts, 2 modifications)
Booz Allen Hamilton: --
General Dynamics: --
Lockheed Martin: $281,076,408 (1 contract)
Northrop Grumman: $121,194,496 (2 contracts)
Raytheon: $7,961,184 (1 modification)
September to-date totals:
BAE: $3,910,681,048
Boeing: $676,079,695
Booz Allen Hamilton: $302,765,526
General Dynamics: $400,229,812
Lockheed Martin: $1,229,459,999
Northrop Grumman: $1,755,304,400
Raytheon: $1,762,824,919
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 25, 2019
totaling $4,548,842,598
Recent record daily spending: $17 billion on August 5, 2019
Navy - $2,952,516,988
BAE Information & Electronic Systems Integration (Hudson, NH) $2,684,650,000
Methuen Construction (Plaistow, NH) $59,397,989
BAE Systems Technology Solutions & Services (Rockville, MD) $50,383,950
Crowley Government Services (Jacksonville, FL) $49,329,212
US Marine Management (Norfolk, VA) $17,838,903
Boeing (Seattle, WA) $16,063,380
Sauer (Jacksonville, FL) $12,912,850
Compunetix (Monroeville, PA) $12,566,654
Thales Defense & Security (Clarksburg, MD) $11,967,442
Woodward Inc. (Ft. Collins, CO) $10,517,399
EMS Development (Yaphank, NY) $10,300,821
Harris Government Communications Systems (Palm Bay, FL) $9,251,213
Modutech Marine (Tacoma, WA) $7,337,175
Army - $907,071,978
Lockheed Martin (Liverpool, NY) $281,076,408
Gilbane Federal (Concord, CA), Bryan 77 Construction (Colorado Springs, CO), Eiffage Infraestructuras SA (Dos Hermanas, Spain), BBGS SP Z O O (Warsaw, Poland), Warbud SA SKE Support Services (Warsaw, Poland), Zafer Taahhut Insaat Ve Ticaret Anonim Sirketi (Ankara, Turkey) $249,500,000
Northrop Grumman Technology Services (Herndon, VA) $88,074,985
Leidos (Reston, VA) $72,470,367
Manson Construction (Seattle, WA) $43,865,000
Michels Corp. (Brownsville, WI) $34,748,425
DynCorp International (Ft. Worth, TX) $18,881,501
Echo Ridge (Sterling, VA) $12,960,856
Tool Masters (Tuscumbia, AL) $12,550,306
Patriot (Dunkirk, MD) $11,717,372
Edaptive Computing (Dayton, OH) $10,934,280
DynCorp International (Ft. Worth, TX) $10,048,373
Pontchartrain Partners (New Orleans, LA) $9,787,000
AMTEC (Janesville, WI), American Ordnance (Middletown, IA) $9,900,000
Sand Point Services (Anchorage, AR) $8,995,802
TDX Quality (Cookstown, NJ) $8,602,603
Kleinfelder (Rancho Cordova, CA) $8,000,000
Butt Construction (Dayton, OH) $7,816,000
Structural Associates (E. Syracuse, NY) $7,142,700
Defense Intelligence Agency - $309,419,809
The Buffalo Group (Reston, VA) $301,029,226
VAE (Springfield, VA) $8,390,583
Defense Logistics Agency - $233,089,935
Sterling BV (San Antonio, TX) $54,990,835
SAIC (Fairfield, NJ) $49,500,000
The Lighthouse for the Blind (Seattle, WA) $33,868,706
Becton, Dickinson & Co. (Franklin Lakes, NJ) $23,686,374
Boeing (St. Louis, MO) $11,761,000
IMTT Epic (Savannah, GA) $11,728,344
American Water Operations & Maintenance (Hill AFB, UT) $11,503,080
Boeing (St. Louis, MO) $10,680,018
ZOLL Medical (Chelmsford, MA) $8,788,500
Petro Marine Services (Seward, AK) $8,652,127
Bell Helicopter (Ft. Worth, TX) $7,930,951
Air Force - $135,084,620
Good Vocation (Macon, GA) $35,000,000
Northrop Grumman Systems (Herndon, VA) $33,119,511
Vectren Energy Delivery (Fairborn, OH) $16,253,772
Sierra Nevada (Sparks, NV) $14,586,963
Boeing (Seattle, WA) $11,986,000
Institute for Human & Machine Cognition (Pensacola, FL) $8,974,967
Raytheon (Marlborough, MA) $7,961,184
General Electric Research (Niskayuna, NY) $7,202,223
Department of Defense Education Activity - $11,659,268
FCN Technology Solutions (Rockville, MD) $11,659,268
