The Pentagon has terminated $4B worth of IT services contracts with companies including Deloitte, Accenture (ACN), and Booz Allen (BAH), Stef Chavez and Joe Miller of The Financial times reports. These cuts were a part of the Trump administration’s purge of consultancy spending. Defense secretary Pete Hegseth determined the contracts to be “non-essential spending on third-party consultants” that employees of the Pentagon could more efficiently carry out, according to a memo reviewed by the Times.
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