How much did the military spend yesterday? $445 million

Yesterday's big winner was HDT Expeditionary Systems with a $200 million contract for commercial off-the-shelf shelters and tents. (This was a competitive acquisition with one response received.)

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 3, 2019
totaling $445,825,156

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

Defense Logistics Agency - $200,000,000

HDT Expeditionary Systems (Solon, OH) $200,000,000

Navy - $146,184,168

Accenture Federal Services (Arlington, VA) $79,074,099
Lockheed Martin Sippican (Marion, MA) $56,865,098
Communication & Power Industries (Palo Alto, CA) $10,244,971

Army - $54,517,126

General Dynamics Mission Systems (Taunton, MA) $36,850,696
TRAX International (Las Vegas, NV) $17,666,430

Air Force - $45,123,862

AAI d/b/a Textron Systems (Hunt Valley, MD) $24,318,602
Work Services Corp. (Wichita Falls, TX) $20,805,260