How much did the military spend yesterday? $2.3 billion

in #deepdives5 years ago

Yesterday's big winners were 11 companies listed under a multiple award worth $950 million for commercial items including uniforms, cold weather clothing systems, visual augmentation equipment, personal protective equipment, helmets, body armor, tactical carriers, etc.

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 8, 2019
totaling $2,390,596,266

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


Air Force - $1,319,000,000


Atlantic Diving Supply (Virginia Beach, VA), Nightline (Mountain City, TN), Tactical & Survival Specialties (Harrisonburg, VA), Federal Resources (Stevensville, MD), Sera Star (Carrollton, TX), Hurricane Aerospace Solutions (Pompano Beach, FL), Baker & Associates (Centerville, OH), Mountain Horse Solutions (Colorado Springs, CO), Rapid Response Defense Systems (Irvine, CA), Capewell Aerial Systems (Meadows of Dan, VA), Life Support International (Langhorne, PA) $950,000,000
BAE Systems Technology Solutions & Services (Rockville, MD) $369,000,000

US Transportation Command - $404,061,571


Columbia Helicopters (Aurora, OR) $224,394,412
CHI Aviation (Howell, MI) $149,819,159
Berry Aviation (San Marcos, TX) $29,848,000

Army - $399,388,160


JE Dunn (Kansas City, MO) $295,974,160
HydroGeoLogic (Reston, VA) $95,000,000
Massman Construction (Leawood, KS) $8,414,000

Navy - $164,095,802


JF Taylor (Lexington Park, MD) $108,987,777
ZITEC (Niceville, FL) $25,110,110
APTIM Federal Services (Alexandria, VA) $15,248,090
AECOM Technical Services (Los Angeles, CA) $14,749,825

Defense Logistics Agency - $104,050,733


North American Rescue (Greer, SC) $41,742,284
Dominion Privatization South Carolina (Richmond, VA) $24,946,260
Direct Energy Business Marketing (Iselin, NJ) $15,881,084
Constellation New Energy (Louisville, KY) $10,742,319
CenterPoint Energy Services (Houston, TX) $10,738,786

div8.jpg

Sort:  

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

Hi @geke!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.997 which ranks you at #1162 across all Steem accounts.
Your rank has dropped 5 places in the last three days (old rank 1157).

In our last Algorithmic Curation Round, consisting of 177 contributions, your post is ranked at #157.

Evaluation of your UA score:
  • Some people are already following you, keep going!
  • The readers appreciate your great work!
  • Try to work on user engagement: the more people that interact with you via the comments, the higher your UA score!

Feel free to join our @steem-ua Discord server

Coin Marketplace

STEEM 0.32
TRX 0.12
JST 0.034
BTC 64837.84
ETH 3174.86
USDT 1.00
SBD 4.17