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US Navy saves almost $300million after cancelling wasteful contracts, 45 grants, awards funding

The United States Navy has saved almost $300million after cancelling wasteful IT contracts, 45 grants and awards funding. This was disclosed by Secretary of the US Navy, John C. Phelan. Phelan stated this in a post via his X account on Thursday night. According to him, the IT contracts are ineffective and over-budget. Phelan wrote, “BREAKING: As Secretary of the Navy, I’m focused on ensuring accountability, cutting waste and strengthening our fi…

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navalinstitute.com.au broke the news in on Thursday, April 24, 2025.
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