How much did the military spend yesterday? $476 million

in #news5 years ago

Yesterday's big winner in defense contracts was Wyle Laboratories with an $81 million contract for contractor support services aircrew for testing of Naval Test Wing air vehicles.

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
July 10, 2019
totaling $476,390,718

Recent record daily spending: $10 billion on May 8, 2019


Navy - $271,114,201


Wyle Laboratories (Huntsville, AL) $81,220,643
CCI Construction Services (Honolulu, HI), Dawson Federal (Honolulu, HI) TKH-ASI (Kahului, HI) $75,000,000
Paradigm Mechanical (Lemon Grove, CA) $49,000,000
RC Construction (Greenwood, MS) $33,116,313
Raytheon (Tucson, AZ) $17,777,245
Diversified Maintenance Systems (Sandy, UT) $15,000,000

Army - $185,726,356


Amherst Madison (Charleston, WV), Mi-De-Con (Ironton, OH) $49,000,000
Burns & McDonnell Engineering (Kansas City, MO) $49,000,000
Specialized Materials & Chemicals (Brigham City, UT) $38,600,000
Walga Ross Group (Topeka, KS) $21,808,640
Seatrax (Houston, TX) $15,098,156
Walga Ross Group (Topeka, KS) $12,219,560

Air Force - $10,402,000


Nomlaki Technologies (Sacramento, CA) $10,402,000

Defense Logistics Agency - $9,148,161


Goodrich (Rome, NY) $9,148,161

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