The Department of Government Efficiency (DOGE) has turned its focus onto large contracts that the federal government outsources to different consulting firms.
Federal agencies have now been asked by DOGE to review their spending as well as contract costs with consulting firms. The 10 major firms whose contracts with the government are now under review include Deloitte, Booz Allen Hamilton, Accenture, General Dynamics, Leidos, Guidehouse, HII Mission Technologies Corp, Science Applications International Corporation, CGI Federal, and International Business Machines Corporation, according to Business Insider.
The list of 10 firms earns billions of dollars a year performing outsourced tasks in contracts with different federal agencies. They are usually hired to advise the federal government on how to asses as well as advise the government on how to perform its functions better.
Deloitte, in the 2024 financial year, earned just 9 percent of its revenue from contracts with the government. Consulting firms like Booz Allen Hamilton, however, heavily rely on contracts with the government.
The consulting firm separated from its private sector consulting arm in 2008 and nearly all its revenue comes via government contracts at around $11 billion. Leidos Holdings is a consulting firm that provides technology for national security purposes. Many of the consoling firms work directly with the Defense Department. […]
— Read More: thepostmillennial.com
