<ul><li>The U.S. Defense Department is canceling $5.1 billion worth of technology and consulting contracts.</li><li>Defense Secretary Pete Hegseth has directed officials to lower technology spending and prepare a new plan.</li><li>The canceled deals include a $1.8 billion batch of consulting agreements awarded by the Defense Health Agency.</li><li>Other canceled contracts include a $500 million Navy contract and a $1.4 billion cloud services contract.</li></ul>

Defense Department scraps $5.1B worth of technology and consulting contracts

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