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Defense Secretary Slashes $580 Million In Wasteful Spending—Targets Overdue, Overpriced Projects

Summary

Defense Secretary Pete Hegseth signed a memo cutting over $580 million in wasteful spending within the Department of Defense. This includes scrapping a major software project and eliminating external consulting contracts. The goal is to allocate taxpayer dollars more effectively to enhance military readiness.

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Article published on March 21, 2025 by benzinga

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