DOD cuts $580M in programs, contracts, and grants

The Pentagon is eliminating over $580 million in programs, grants, and contracts that it called “wasteful spending,” with a long-stalled software modernization program accounting for almost half of the cuts.Defense Secretary Pete Hegseth announced the cuts in a memo released on Thursday, writing that they affected efforts “inconsistent with the priorities of the DOD.” In addition to the topline figure, Hegseth also wrote that the move would enable about $170 mil