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Newsbud Exclusive Report- A Distillation of DOD Spending Spree for May 2017

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DOD Spent $48,984,468,000+ on 225 Individual Contracts in May 2017 The Pentagon issues a jumbled list of contracts every business day around 5:00PM local time. Our project distills an entire month of these contracts into an accessible form. The U.S. Department of Defense (DOD) spent at least $48,984,468,000 on 225 individual contracts during May 2017. This amount does not include 25 Foreign Military Sales transactions worth roughly $1,832,159,000. FOREIGN MILITARY SALES (FMS) – Through FMS, the U.S. government procures and transfers materiel to allied nations and international organizations. American Systems Corp.; Mag DS Corp.; Resicum International; Special Applications Group; Integration...

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