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 ...

The defense secretary said the cuts include contracts worth $1.8 billion for consulting services from private firms.

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 signed a memorandum Thursday outlining $5.1 billion in cuts to Department of Defense spending through terminated contracts. The Pentagon leader said the contracts ...

The moves come after the Defense secretary cut $70 million in funding at three colleges in the past weeks in the Trump administration’s overhaul of federal spending.

The moves come after the Defense secretary cut $70 million in funding at three colleges in the past weeks in the Trump administration’s overhaul of federal spending. Pentagon officials are also ...