Yesterday was a slow spending day for the Defense Department: only $800 million in several small awards. But three companies on our watchlist racked up more of our tax dollars: BAE, Boeing, and Booz Allen Hamilton, for a total of about $50 million. Just another day.
Yesterday's breakdown:
BAE: $10,987,920 (1 modification)
Boeing: $22,656,895 (1 modification)
Booz Allen Hamilton: $16,000,000 (1 contract, multiple award)
General Dynamics: --
Lockheed Martin: --
Northrop Grumman: --
Raytheon: --
September to-date totals:
BAE: $1,175,647,098
Boeing: $625,589,297
Booz Allen Hamilton: $302,765,526
General Dynamics: $400,229,812
Lockheed Martin: $948,383,591
Northrop Grumman: $1,634,109,904
Raytheon: $1,754,863,735
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 24, 2019
totaling $800,091,999
Recent record daily spending: $17 billion on August 5, 2019
Army - $376,171,176
Globe Tech (Plymouth, MI) $132,473,932
TRAX International (Las Vegas, NV) $90,080,397
ACC Construction (Augusta, GA) $28,917,160
Honeywell International (Phoenix, AZ) $21,227,814
HDT Expeditionary System (Solon, OH) $14,236,369
M1 Services (Denton, TX) $13,875,215
Sevenson-USA Environmental (Niagara Falls, NY) $12,035,237
BAE Systems Land & Armaments (San Jose, CA) $10,987,920
Jacobs Ewing Cole JV (Pasadena, CA) $9,900,000
Ashford International (Killen, TX) $9,548,666
Bhate Environmental Associates (Birmingham, AL) $8,829,287
Roen Salvage (Sturgeon Bay, WI) $8,433,900
Seneca Construction Management (Killen, TX) $8,230,000
Ashridge Inc. (St. Stephen, SC) $7,395,279
Navy - $318,727,555
Blue Rock Structures (Pollocksville, NC), Daniels & Daniels Construction (Goldsboro, NC), Joyce & Associates Construction (Newport, NC), Military & Federal Construction (Jacksonville, NC), Quadrant Construction (Jacksonville, NC), TE Davis Construction (Jacksonville, NC) $67,000,000
Booz Allen Hamilton (McLean, VA), L3 Unidyne (Norfolk, VA), Atlantic Diving Supply (Virginia Beach, VA) $48,000,000
Sauer (Jacksonville, FL) $46,672,691
Ocean Ships (Houston, TX) $47,539,641
Huntington Ingalls Industries (Newport News, VA) $38,000,000
Woodward HRT (Santa Clarita, CA) $20,612,550
Huntington Ingalls Industries (Newport News, VA) $20,000,000
Mercury Defense Systems (Cypress, CA) $13,720,509
Sealift (Oyster Bay, NY) $10,090,017
Delphinus Engineering (Eddystone, PA), QED Systems (Virginia Beach, VA), Epsilon Systems Solutions (National City, CA), Tecnico (Chesapeake, VA), Southcoast Welding & Mfg (Chula Vista, CA), Bay City Marine (National City, CA), Pacific Ship Repair & Fab (San Diego, CA), Miller Marine (San Diego, CA) $7,092,147
Defense Logistics Agency - $69,479,756
Atlantic Diving Supply d/b/a ADS (Virginia Beach, VA) $30,000,000
Golden State Medical Supply (Camarillo, CA) $9,500,000
Propper International (Cabo Rojo, Puerto Rico) $8,586,758
Alamo Strategic Manufacturing (San Antonio, TX) $7,329,798
TRC Government Services (Tulsa, OK) $7,063,200
Noble Sales d/b/a Noble Supply & Logistics (Rockland, MA) $7,000,000
Air Force - $22,656,895
Boeing (St. Louis, MO) $22,656,895
Defense Commissary Agency - $13,056,618
Southeastern Paper Group (Spartanburg, SC) $13,056,618
