Jun. 2 at 11:00 AM
$DELL $CDW $BAH
Trump administration targets tech firms, cuts more contracts, WSJ says
The Trump administration is now scrutinizing its contracts with technology firms, Chip Cutter of The Wall Street Journal reports. The General Services Administration recently sent a letter to 10 technology providers, including Dell (DELL) and CDW (CDW), asking executives to justify their work and find areas to cut. The letter noted the procurement processes led to "excessive markups and increased costs to the taxpayer," according to the Journal. Other companies impacted by this move include Booz Allen (BAH), Deloitte, Guidehouse.