KPMG exits US federal audit business after losing Pentagon contract, FT reports

Big Four ​firm KPMG ‌is shutting its ​federal ​government audit business ⁠and will ​redeploy more than ​450 U.S. staff after ​losing ​a $60 million-a-year contract ‌with ⁠the Pentagon, the Financial ​Times ​reported ⁠on Wednesday, ​citing ​sources.

Apr 29, 2026 - 10:00
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KPMG exits US federal audit business after losing Pentagon contract, FT reports
Big Four ​firm KPMG ‌is shutting its ​federal ​government audit business ⁠and will ​redeploy more than ​450 U.S. staff after ​losing ​a $60 million-a-year contract ‌with ⁠the Pentagon, the Financial ​Times ​reported ⁠on Wednesday, ​citing ​sources.

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