How much did the military spend yesterday? $450 million

in #deepdives5 years ago

Yesterday's big winner was United Launch Services out of Centennial, Colorado with a $156 million modification (increase) to an existing contract for National Security Space Launch Delta IV Heavy Launch services. This work is for the National Reconnaissance Office (NRO) Launch Mission Three, the last of three planned NRO launch missions (under this contract).

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
August 7, 2019
totaling $450,093,147

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


Air Force - $188,171,562


United Launch Services (Centennial, CO) $156,752,771
Northrop Grumman Aerospace Systems (Redondo Beach, CA) $22,500,000
TFAB Defense Systems (Warner Robins, GA) $8,918,791

Navy - $160,240,250


Data Link Solutions (Cedar Rapids, IA) $75,000,000
Oceaneering International (Chesapeake, VA) $34,316,273
Stantec Consulting Services (Burlington, MA) $17,695,256
RTL Networks (Denver, CO) $14,399,532
Lockheed Martin Rotary & Mission Systems (Mitchel Field, NY) $11,498,789
Treadwell (Thomaston, CT) $7,330,400

Army - $101,681,335


Southwest Valley Constructors (Albuquerque, NM) $80,869,000
Oshkosh Defense (Oshkosh, WI) $11,812,335
Stantec Consulting Services (Louisville, KY) $9,000,000

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