How much did the military spend yesterday? $448 million

Friday was another slow start to the new spending quarter, but Lockheed Martin and BAE did see some wins. Lockheed Martin gained $239 million in the first 4 days of October.

Yesterday's breakdown:

BAE: $48,000,000
Boeing: --
Booz Allen Hamilton: --
General Dynamics: --
Lockheed Martin: $75,742,842
Northrop Grumman: --
Raytheon: --

October to-date totals:

BAE: $66,351,068
Boeing: $7,892,950
Booz Allen Hamilton: $0
General Dynamics: $0
Lockheed Martin: $239,693,331
Northrop Grumman: $0
Raytheon: $0

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Below are the contracts awarded by the Defense Department
October 4, 2019
totaling $448,928,054

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

Navy - $400,928,054

United Technologies (E. Hartford, CT) $325,185,212
Lockheed Martin Rotary & Mission Systems (Baltimore, MD) $75,742,842

Army - $48,000,000

BAE Systems Land & Armaments (York, PA) $48,000,000

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.