Latest News Mentioning Office of Management and Budget (OMB)

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Enlightenment Capital-backed IntelliBridge has acquired RevaComm, a digital transformation firm that delivers technology products and agile DevSecOps to federal civilian and defense agencies. “The addition of RVCM to the IntelliBridge platform broadens the company’s technology capabilities, adding a suite of software products, a differentiat...

Redhorse, an Arlington, Virginia-based information technology services contractor, has acquired Allied Associates International for an undisclosed sum in a transaction that expands its cybersecurity intelligence offerings for national security customers. A2I’s current leadership team will continue to run the organization as a business unit within ...

Linda Dorsey, a 23-year U.S. Army veteran, has been named chief information security officer for technology shared services at General Dynamics‘ (NYSE: GD) information technology business, according to a recently published LinkedIn post. Dorsey joined GDIT in June 2016 as senior manager of cybersecurity, a role she held for six years before be...

Harnessing powerful technologies, constantly innovating and making the force more lethal are some of the top focus areas for the U.S. Army’s new Chief of Staff, Gen. Randy George. At the Association of the U.S. Army’s 2023 Annual Meeting and Exposition in October, George outlined his main priorities.  If you’re interested in the Army...

RTX (NYSE: RTX) has agreed to sell its Raytheon’s cybersecurity, intelligence and services business to an undisclosed buyer for approximately $1.3 billion. The company announced the move in its third-quarter earnings report published Tuesday. Reuters reported that private equity firm Blackstone was the prospective purchaser of the business. The Ra...

DCS has received a $168 million contract from the U.S. Army to continue providing operational services to the Program Executive Office Ground Combat Systems and the Army Contracting Command-Detroit Arsenal. The five-year contract will extend support for programs including Project Manager Main Battle Tank Systems and other PEO GCS subordinate organiz...

The shares of General Dynamics (NYSE: GD) popped 4.03 percent to $242.40 on mid-week after the company reported a 6 percent year-over-year revenue growth in the third quarter of 2023 to $10.6 billion versus Q3 2022. Another business highlight was the $95.6 billion company-wide backlog, the highest ever in the defense contractor’s history. Net earn...

HII‘s (NYSE: HII) mission technologies division will help the Naval Surface Warfare Center Dahlgren Division Dam Neck Activity develop live, virtual and constructive training software under a potential five-year, $134 million task order. The award covers software engineering, development, integration and test support for the service branchR...

Digital modernization services provider MindPetal has agreed to buy VerticalApps for an undisclosed sum to expand its digital offerings and help federal agency customers advance the adoption of intelligent automation, artificial intelligence and machine learning technologies. VerticalApps is an Arlington, Virginia-based small business that specializ...

Boeing (NYSE: BA) and AAR‘s (NYSE: AIR) government services subsidiary were awarded contract modifications worth $182.8 million combined to help repair, replace and maintain maritime patrol and reconnaissance aircraft engines for domestic and international military customers. Both contractors will deliver P-8A Poseidon aircraft depot-level mai...