Earlier this month, the Department of Defense (DOD) announced a $5.1 billion cut to its consulting budget, dragging down shares of related listed players. The government’s broader crackdown on IT and ...

U.S. Defense Secretary Pete Hegseth has ordered the termination of several information technology services contracts valued ...

The Pentagon has terminated $4bn worth of IT services contracts with companies including Deloitte, Accenture and Booz Allen Hamilton as part of the Trump administration’s purge of consultancy spending ...

United States Defense Secretary Pete Hegseth has cut $5.1 billion in defense contracts for consulting and nonessential ...

In a significant move to cut costs and boost efficiency, the Pentagon has terminated IT service contracts worth $5.1 billion ...

US Defense Secretary Pete Hegseth estimates the Pentagon will save nearly $4 billion from the terminated IT and consulting ...

Defense Secretary Pete Hegseth said the terminations "represent $5.1 billion in wasteful spending" at the DOD.

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Leading consulting giants Accenture Plc (NYSE:ACN), Deloitte, and Booz Allen Hamilton Holding ...

Following the announcement, the shares of the affected companies were impacted. According to a Reuters report, Accenture slid ...

The Defense Department says it has found $4 billion in savings by cutting consulting and non-essential contracts with Accenture's U.S. federal subsidiary, Booz Allen Hamilton, Deloitte and other ...

Deloitte has had at least 127 government contracts cut or modified since January, a BI analysis found. DOGE said the savings ...