04:23 PM EST, 02/28/2025 (MT Newswires) -- Accenture ( ACN ) , General Dynamics ( GD ) and IBM ( IBM ) are among 10 companies now being targeted by the General Services Administration as the "highest paid" consultants for US government, according to multiple media reports.

The Trump Administration is looking to rein in federal spending by eliminating "nonessential" contracts by government departments and agencies to such firms.

The news outlets cited a memo to senior procurement officials at most federal agencies this week by GSA acting administrator Stephen Ehikian that named 10 companies that are set to receive over $65 billion from the government for consulting work during 2025 and beyond. He asked the procurement officers to list contracts their agencies consider mission critical.

Responses are due March 7, according to the reports.

A GSA spokesperson did not specify which firms were included in the memo, but told MT Newswires that "GSA initially asked agency partners to write a short explanation about why consulting contracts were essential for them to fulfill their statutory purposes." But, more detailed responses were required and GSA is in the process of collecting additional information.

Other seven firms reportedly tagged by Ehikian for potential cuts were Booz Allen Hamilton ( BAH ) , CGI (GIB), Huntington Ingalls Industries ( HII ) , Leidos ( LDOS ) and Science Applications International ( SAIC ) , along with privately held Deloitte and Guidehouse.

None of the 10 firms immediately returned messages from MT Newswires on Friday seeking comment.

The impact of cancelled contracts would vary by firm but may be daunting regardless of their size. For example, The Wall Street Journal on Friday profiled Booz Allen particularly imperiled with 98% of its yearly revenue derived through federal contracts.