$500 million in OTA funds will go directly to Blue Origin. $967 million will go to the Vulcan rocket.
The Blue Origin rocket and the BE4 should be solid competitors to the SpaceX Falcon Heavy starting around 2022.
Blue Origin Glenn Rocket will have a reusable first stage.
It would be good to have a decent competitor to SpaceX.
If the BE-4 and Glenn rocket gets flying then Bezos would be able to fund a fully reusable New Armstrong rocket which will likely be fully BFR competitive.