How much did the military spend yesterday? $192 million

(Note: there were no contract awards on Monday due to the holiday.) The only company on our watchlist to procure a contract yesterday was Lockheed Martin, owner of Sikorsky Aircraft. They received a $7.8 million modification (increase) to an existing contract for production kits in support of CH-53E aircraft.

Yesterday's breakdown:

BAE: --
Boeing: --
Booz Allen Hamilton: --
General Dynamics: --
Lockheed Martin: $7,877,789
Northrop Grumman: --
Raytheon: --

October to-date totals:

BAE: $74,660,118
Boeing: $7,892,950
Booz Allen Hamilton: $0
General Dynamics: $434,370,635
Lockheed Martin: $247,571,120
Northrop Grumman: $208,169,003
Raytheon: $11,954,744

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Below are the contracts awarded by the Defense Department
October 15, 2019
totaling $192,364,789

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

Army - $128,587,000

AECOM / HDR (Houston, TX) $72,000,000
Endeavor Robotics (Chelmsford, MA) $25,500,000
WHH Nisqually / Garco JV (Olympia, WA) $21,087,000
Burns & McDonnell Engineering (Kansas City, MO) $10,000,000

Air Force - $46,000,000

University of Dayton Research Institute (Dayton, OH) $46,000,000

Navy - $17,777,789

Marisco (Kapolei, HI) $9,900,000
Sikorsky Aircraft / Lockheed Martin (Stratford, CT) $7,877,789

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.