grants and contracts across the department that it called “wasteful spending,” with a long-stalled software modernization program accounting for almost half of the cuts. Defense Secretary Pete ...

Defense Secretary Pete Hegseth announced last week the department would cut $580 million in funding, grants, and contracts—hitting companies that do business with the Pentagon. Those cuts ...

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 announced ... he said were made with DOGE’s help — brings the department’s running total of cuts to $800 million since the beginning of the Trump administration.