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News in English (USA) / 28.02.2025 / 15:00

Pentagon Targets Non-Essential Consulting Contracts Amid Financial Scrutiny

The Trump administration is intensifying efforts to reduce consulting services within the Department of Defense, with a particular focus on contracts deemed non-essential. Agencies are being instructed to terminate such contracts, impacting major firms like Booz Allen Hamilton, SAIC, and others, which have seen significant declines in stock prices. The review aims to streamline expenditures, with recent reports highlighting uncertainty around consulting roles and risks associated with emerging digital currencies like DOGE. This crackdown on consultants signifies a broader trend impacting defense jobs and the future of government contracting.
The Wall Street Journal, Nextgov/FCW, Consulting.us, DefenseScoop, ClearanceJobs, Yahoo Finance, The Business Journals, The Motley Fool, Going Concern, RealClearDefense