I've been wanting to replace Booz Allen Hamilton on the watchlist with either Rockwell Collins, General Electric, or L3. It varies, but of those three companies, I think L3 is showing up the most, so you'll see L3 listed below with current November totals. Also, please note that November to-date totals have jumped in ways that won't make sense with the last posting; somehow I completely missed Nov. 1 in my earlier tally.
Yesterday's breakdown:
BAE: -- Boeing: $56,577,158 (1 contract, 1 modification) General Dynamics: -- L3: -- Lockheed Martin: $13,968,568 (1 modification) Northrop Grumman: -- Raytheon: $32,533,418 (1 contract, 1 modification)
November to-date totals:
BAE: $33,946,052 Boeing: $90,807,427 General Dynamics: $9,043,846 L3: $21,741,021 Lockheed Martin: $291,899,897 Northrop Grumman: $109,830,148 Raytheon: $316,266,115
Below are the contracts awarded by the Defense Department November 7, 2019 totaling $4,106,207,226
Recent record daily spending: $7.3 billion on October 28, 2019
Defense Logistics Agency - $3,432,000,379
Cardinal Health (Waukegan, IL) $2,250,000,000 Owens & Minor Distribution (Mechansville, VA) $1,125,000,000 Raytheon Integrated Defense Systems (Portsmouth, RI) $24,942,879 Mayfield Dairy Farms (Marietta, GA) $19,057,500 Peck & Hale (Sayville, NY) $13,000,000
Navy - $438,517,666
Ameresco Select (Framingham, MA) $170,993,668 JF Taylor (Lexington Park, MD) $109,433,818 Bell / Boeing Joint Project Office (Amarillo, TX) $68,189,550 KBR Diego Garcia (Houston, TX) $60,635,283 Lockheed Martin Rotary & Mission Systems (Syracuse, NY) $13,968,568 Vigor Marine (Portland, OR) $7,706,240 Raytheon (Marlborough, MA) $7,590,539
Army - $213,206,798
Weeks Marine (Covington, LA) $151,305,750 CDO Technologies (Dayton, OH), Lowry Holding Company (Brighton, MI) $48,100,712 Great Lakes Dredge & Dock (Oak Brook, IL) $13,800,336
Air Force - $22,482,383
Boeing (St. Louis, MO) $22,482,383
*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. Its spending primarily enriches the military industrial complex, including the big seven: BAE, Boeing, General Dynamics, L3, Lockheed Martin, Northrop Grumman, and Raytheon.*
