How much did the military spend yesterday? $2.2 billion

Yesterday, Raytheon received four awards from the Defense Department, one of which was worth half a billion dollars. This award was a modification, an increase to a two-year-old contract originally worth $371 million. This isn't the only increase that original contract, which is now valued at $962 million. Raytheon is in the lead for September awards, nearing the $2 billion mark.

Yesterday's breakdown:

BAE: $18,220,758 (1 contract, 1 modification)
Boeing: $230,992,635 (2 modifications)
Booz Allen Hamilton: --
General Dynamics: --
Lockheed Martin: $379,599,365 (2 contracts, 1 modification)
Northrop Grumman: $375,792,189 (1 modification)
Raytheon: $580,704,797 (2 contracts, 2 modifications)

September to-date totals:

BAE: $1,164,659,178
Boeing: $602,932,402
Booz Allen Hamilton: $286,765,526
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.

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Below are the contracts awarded by the Defense Department
September 23, 2019
totaling $2,197,590,679

Recent record daily spending: $17 billion on August 5, 2019

Navy - $970,289,583

Lockheed Martin Aeronautics (Ft. Worth, TX) $352,672,006
Boeing (St. Louis, MO) $227,000,000
General Electric (Lynn, MA) $219,407,194
Raytheon (Largo, FL) $52,857,202
Robertson Fuel Systems (Tempe, AZ) $31,101,308
Proaim Americas (Grover, MO) $19,979,089
Lockheed Martin Rotary & Mission Systems (Liverpool, NY) $17,202,359
Sealift (Oyster Bay, NY) $14,608,000
BAE Systems (Rockville, MD) $10,144,531
Sealift (Oyster Bay, NY) $8,688,118
Gilbane Federal (Concord, CA) $8,644,506
Bell / Boeing JPO (Amarillo, TX) $7,985,270

Missile Defense Agency - $500,615,405

Raytheon Integrated Defense Systems (Woburn, MA) $500,615,405

Defense Logistics Agency - $410,280,463

Northrop Grumman Systems (San Diego, CA) $375,792,189
American Water Operations & Maintenance (Voorhees, NJ) $15,934,838
Crane Electronics (Ft. Walton Beach, FL) $9,283,185
Twigg Corp. (Martinsville, IN) $9,270,251

Army - $212,326,277

Science & Engineering Services (Huntsville, AL) $54,931,995
Meggitt Defense Systems (Irvine, CA) $48,563,836
Thoma-Sea Marine Constructors (Houma, LA) $24,491,400
S&E Services (Edison, NJ) $16,526,000
Lead Builders (Thousand Oaks, CA) $10,655,000
Simmonds Precision Products (Vergennes, VT) $10,155,178
CEMS / RS & H JV (Summerville, SC) $9,900,000
Colby Co. (Portland, ME) $9,900,000
Burns & McDonnell Engineering (Kansas City, MO) $9,900,000
Lockheed Martin Rotary & Mission Systems (Orlando, FL) $9,725,000
Oracle America (Reston, VA) $7,577,868

Air Force - $104,078,852

Herrick Technology Laboratories (Manchester, NH) $40,712,166
Cornerstone Construction Services (Woburn, MA), Maron Construction (Providence, RI), Tantara Corp. (Worcester, MA) $20,000,000
Raytheon Missile Systems (Tucson, AZ) $16,289,702
Raytheon (El Segundo, CA) $10,942,488
BAE Systems Information & Electronic Systems Integration (Nashua, NH) $8,076,227
Communications & Power Industries (Palo Alto, CA) $8,058,269