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Pentagon Cancels $5.1 Billion in Contracts to Reallocate Funds for Military Readiness

  • US Defense Secretary Pete Hegseth terminated $5.1 billion in IT and consulting contracts, including those with Accenture and Deloitte, citing them as "wasteful spending".
  • Hegseth stated that these cuts would lead to nearly $4 billion in savings.
  • The savings will be directed towards improving healthcare for military personnel and other critical priorities.
  • This decision follows the Pentagon's failure in its seventh consecutive audit, raising concerns about budget management, which exceeds $800 billion annually.
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Newsmax broke the news in Washington, United States on Wednesday, April 9, 2025.
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