Hegseth directed the department to cut ... at the Defense Human Resources activity. According to the memo, the program is six years behind schedule and more than $280 million over budget with ...

grants and contracts across the department that it called “wasteful spending,” with a long-stalled software modernization program accounting for almost half of the cuts. Defense Secretary Pete ...

The U.S. Defense Department cuts $5.1B in wasteful contracts, focusing on reallocating resources to warfighters.

Palantir Technologies (PLTR) stock has come under the limelight lately as the U.S. DOD (Department of Defense) implements an additional $580 million in budget cuts across various programs ...

Defense Secretary Pete Hegseth on Thursday ... Hegseth asserts the programs are “inconsistent with the priorities” of the department and don’t align with President Trump’s priorities. The cuts are ...