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

The trio are the only named contractors in a group of cuts announced by Defense Sec. Pete Hegseth, who claims $5.1 billion of cancelled contracts with $4 billion in savings.

Defense Secretary Pete Hegseth signed a memorandum Thursday outlining $5.1 billion in cuts to Department of Defense spending ...

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 ...

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

U.S. Defense Secretary Pete Hegseth has ordered the cancellation of information technology service contracts valued at $5.1 ...

Defense Secretary Pete Hegseth said the cuts will bring the total number of cut spending to "nearly $6 billion." ...

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

The contracts appeared to be wide-ranging cuts to consulting services for the Navy, the Air Force, the Defense Advanced ...

Defense Secretary Pete Hegseth this week signed a memorandum cutting $5.1 billion in consulting contracts at the Pentagon, ...

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