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.