How much did the military spend yesterday? $282 million

Yesterday was a low spending day for the Defense Department but the big winner was National Aerospace Solutions with a $179 million modification (increase) to an existing contract for test operations and sustainment at Arnold Air Force Base in Tennessee.

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.

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Below are the contracts awarded by the Defense Department
June 5, 2019
totaling $282,868,766

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

Air Force - $179,038,803

National Aerospace Solutions (Arnold AFB, TN) $179,038,803

Army - $78,261,066

SB Ballard Construction (Virginia Beach, VA) $40,457,981
Caribe General Constructors (Ponce, Puerto Rico) $17,398,500
Colonnas Shipyard (Norfolk, VA) $12,388,297
Diversified Construction of Oklahoma (Edmond, OK) $8,016,288

Navy - $25,568,897

General Dynamics Land Systems (Sterling Heights, MI) $25,568,897