How much did the military spend yesterday? $409 million
Yesterday's big winner in defense spending was UES Incorporated out of Dayton, Ohio with a $90 million Air Force contract for molecular assessment sensing technologies.
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 26, 2019
totaling $409,248,059
Recent record daily spending: $17 billion on August 5, 2019
Navy - $169,351,733
Raytheon (El Segundo, CA) $74,091,217
General Dynamics Missions Systems (McLeansville, NC) $44,595,146
Physical Optics (Torrance, CA) $27,230,891
Airborne Tactical Advantage (Newport News, VA) $13,495,999
Northrop Grumman Systems (Melbourne, FL) $9,938,480
Air Force - $123,973,215
UES Inc. (Dayton, OH) $90,300,000
PAE Aviation & Technical Services (Marlton, NJ) $19,156,738
Sonalysts (Waterford, CT) $14,516,477
Army - $104,116,948
AECOM International (Neu-Isenburg, Germany), Atkins - UC JV (Alexandria, VA), Exp - Onyx JV (Chicago, IL), HDR Engineering (Colorado Springs, CO), Jacobs Government Services (Arlington, VA), Louis Berger US (Washington, DC), Michael Baker - Cardno JV (Moon Township, PA), Parsons Government Services (San Antonio, TX), Woolpert - Black & Veatch JV (Beavercreek, OH) $94,500,000
QED Systems (Aberdeen Proving Ground, MD) $9,616,948
Defense Logistics Agency - $11,806,163
CE Niehoff & Co. (Evanston, IL) $11,806,163
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