Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Unfinished Business: The budget cuts Musk couldn’t complete...
‘American hero’ or ‘failure’: Elon Musk’s DOGE departure...
Donald Trump fires National Portrait Gallery director for...
Biden says he could ‘beat the hell out...
Elon Musk sports black eye at farewell presser...
Musk confident DOGE will save $1 trillion as...
Who will be Elon’s successor? The top names...
Trump tariff plan faces uncertain future as court...
Hunter Biden seen driving Toyota rental in South...
Juggernaut Files for Final Approval of Oversubscribed Financing
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Politics

Hegseth says Defense Dept eliminates hundreds of millions in ‘wasteful’ spending after DOGE findings

by admin March 21, 2025
March 21, 2025
Hegseth says Defense Dept eliminates hundreds of millions in ‘wasteful’ spending after DOGE findings

U.S. Defense Secretary Pete Hegseth said wasteful spending is over as he signed a memo to cancel over $580 million in Department of Defense (DoD) contracts.

‘We’re back with another quick update on our efforts to cut wasteful spending and cut it quickly at the Department of Defense,’ Hegseth announced in a post on X.

‘Today, I’m signing a memo directing the termination of over $580 million in DoD contracts, in grants that do not match the priorities of this president or this department. In other words, they are not a good use of taxpayer dollars.’

Hegseth said that they owe Americans transparency, sharing details on some of the contracts and grants that have been canceled.

‘There’s an HR software effort that was supposed to take a year and cost $36 million, but instead it’s taken eight years and is currently $280 million over budget, not delivering what it was supposed to. So that’s 780% over budget. We’re not doing that anymore,’ Hegseth vowed.

Hegseth added that they uncovered another batch of DoD grants, totaling $360 million worth, that decarbonizing emissions from Navy ships – part of the Obama-Biden Green agenda. 

‘That’s 6 million bucks, $5.2 million on something that would diversify and engage the Navy by engaging underrepresented Bipoc students and scholars. Another $9 million at a university to approach equitable AI and machine learning models. I need lethal machine learning model, not equitable machine learning models,’ Hegseth explained.

On this third point, Hegseth said Thursday’s other cuts included wasteful spending on external consulting services. 

’30 million bucks in contracts with Gartner and McKinsey. That’s IT purchasing unused licenses. So when you add it all up, $580 million in DoD contracts and grants DOGE is helping us cut today,’ Hegseth said.

When added up all together, Hegseth said that over $800 million in wasteful spending has been canceled over the first few weeks, as DoD partners with DOGE ‘to make sure that our warfighters have what they need by cutting the waste, fraud, and abuse.’

‘They’re working hard. We’re working hard with them. We appreciate the work that they’re doing, and we have a lot more coming. So stay tuned,’ Hegseth said. 

‘So, might as well not waste any more time right now, just sign this thing. How about that? So this makes it official. We’re going to keep going for you guys,’ Hegseth said while signing the orders. 

‘Have we ever seen this level of transparency? Amazing, thank you @SecDef,’ Rep. Nancy Mace, R-S.C., commented on Hegseth’s post.

Back in February, Hegseth committed to cooperating with DOGE to cut wasteful spending at the Department of Defense.

‘We will partner with them. It’s long overdue. The Defense Department’s got a huge budget, but it needs to be responsible,’ Hegseth previously told Fox News. 

As of Thursday afternoon, 239 ‘wasteful’ contracts with a ‘ceiling value’ of $1.7 billion have been terminated over a two-day period, DOGE announced. 

Fox News Digital’s Deirdre Heavey and Louis Casiano contributed to this report.

Stepheny Price is a writer for Fox News Digital and Fox Business. She covers topics including missing persons, homicides, national crime cases, illegal immigration, and more. Story tips and ideas can be sent to stepheny.price@fox.com

This post appeared first on FOX NEWS

previous post
Trump warns of jail time for Tesla vandals, anyone funding the attacks: ‘WE ARE LOOKING FOR YOU!!!’
next post
JD Vance takes shot at Harris as he jokes that drinking led to her ‘word salads’

You may also like

Tulsi Gabbard says she would be ‘honored’ to...

September 18, 2024

Supreme Court Chief Justice Roberts issues warning on...

January 2, 2025

Judge blocks Trump admin from targeting Democratic law...

March 13, 2025

Harris-Trump 2024 Showdown: What a new post-debate national...

September 13, 2024

Comer slams Raskin as ‘ultimate hypocrite’ after Raskin...

October 12, 2024

DOJ deploys district elections officers to handle ‘threats...

October 21, 2024

Here’s the argument Trump hopes will net first...

February 19, 2025

Biden is clearly in poor health. We deserve...

July 19, 2024

What’s next in the Russia, Ukraine ceasefire talks?

March 19, 2025

Trump guest shares special message to president after...

March 6, 2025

Recent Posts

  • Unfinished Business: The budget cuts Musk couldn’t complete and what’s next for DOGE
  • ‘American hero’ or ‘failure’: Elon Musk’s DOGE departure divides Capitol Hill
  • Donald Trump fires National Portrait Gallery director for being ‘strong supporter’ of DEI
  • Biden says he could ‘beat the hell out of’ authors of new book arguing his cognitive decline
  • Elon Musk sports black eye at farewell presser in Oval Office: ‘Horsing around with little X’

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (752)
    • Investing (2,218)
    • Politics (2,738)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 Sightful Invest. All Rights Reserved.