How much did the military spend yesterday? $549 million

Over halfway through October and the only company on our watchlist to not receive any awards from the Pentagon is Booz Allen Hamilton. General Dynamics tops the list with over $430 million on the month.

Yesterday's breakdown:

BAE: --
Boeing: $193,318,432 (1 modification)
Booz Allen Hamilton: --
General Dynamics: --
Lockheed Martin: $108,322,296 (1 contract)
Northrop Grumman: --
Raytheon: --

October to-date totals:

BAE: $74,660,118
Boeing: $201,211,382
Booz Allen Hamilton: $0
General Dynamics: $434,370,635
Lockheed Martin: $355,893,416
Northrop Grumman: $208,169,003
Raytheon: $11,954,744

Below are the contracts awarded by the Defense Department
October 16, 2019
totaling $549,788,326

Recent record daily spending: $10 billion on September 27, 2019

Navy - $412,927,424

Boeing (Seattle, WA) $193,318,432
StandardAero (San Antonio, TX) $174,743,115
AAR Aircraft Services (Indianapolis, IN) $44,865,877

Air Force - $108,322,296

Lockheed Martin (King of Prussia, PA) $108,322,296

Defense Logistics Agency - $18,451,845

DRS Network & Imaging Systems (Melbourne, FL) $18,451,845

Army - $10,086,761

Bristol Construction Services (Anchorage, AK) $10,086,761

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.