Defense Secretary Pete Hegseth announced cuts totaling over $580 million in Department of Defense contracts. He said this is part of efforts to eliminate wasteful spending in the federal government.
Hegseth said the programs were “not a good use of taxpayer dollars,” in a video he posted on X.
One of the cuts he announced was an “HR software effort” that went more than $280 million over budget.
At least $30 million was cut from consulting expenses with companies like McKinsey & Co. and Gartner.
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16 total sources
Hegseth Announces $580M Cut in Defense Programs, Contracts
Newsmax
Pete Hegseth announces over $580 MILLION in cuts to DoD contracts, grants: ‘We have a lot more coming’
The Post Millennial
Hegseth Cancels Defense Contracts. IT Government Contractors Sell Off.
Investor's Business Daily
Hegseth says Defense Dept eliminates hundreds of millions in 'wasteful' spending after DOGE findings
Fox News
DOD Sec. Pete Hegseth Cuts Over $580M in Wasteful Contracts, Grants
Breitbart
3 Defense Stocks at Risk on DOGE Budget Cuts
Barchart.com
DOD to cut $580 million in spending – Caribbean News Global
Caribbean News Global
Defense Secretary Pete Hegseth announces fresh $850M DOGE cuts at the DOD
Cryptopolitan
Hegseth says Defense Dept eliminates hundreds of millions in ‘wasteful’ spending after DOGE findings
1330 & 95.5 WFIN
Hegseth says Defense Dept eliminates hundreds of millions in ‘wasteful’ spending after DOGE findings – Your Capital Minds
yourcapitalminds.com
Gartner Contracts Axed as DoD Cuts $580M in Deals – Wall Street Pit
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