Latest News Mentioning Office of Management and Budget (OMB)

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The State Department has cleared Norway’s request to procure MH-60R multimission helicopters and C-130J transport aircraft sustainment services under a pair of foreign military sale deals worth approximately $1.16 billion combined. Norway asked to buy six anti-submarine and anti-surface warfare helicopters equipped with tactical data link radi...

Ensco has acquired rail infrastructure inspection system provider KLD Labs through an equity purchase transaction. The two companies will combine their technology platforms and engineering services to help customers inspect train tracks and vehicles, Ensco said Tuesday. Hauppauge, New York-based KLD offers digital tools to support automated manageme...

Raytheon Technologies (NYSE: RTX) reported $17.2 billion in sales during the first quarter of 2023, up 10 percent from the prior-year period, and saw earnings for the period rise 6 percent to $1.22 per share. The Arlington, Virginia-based aerospace and defense contractor said Wednesday it ended the quarter with a record backlog of $180 billion...

Artificial intelligence has exploded in recent months, and in the public sector, officials are harnessing AI technology across a myriad of missions, information technology operations, weapons systems and more. Executive Mosaic spoke with ECS President John Heneghan, a 2023 Wash100 Award winner, in a new video interview to get his thoughts on whic...

A report from the Stockholm International Peace Research Institute shows that amid high inflation, U.S. defense spending hit $877 billion in 2022, accounting for 39 percent of total military expenditure worldwide and reflecting a 0.7 percent real terms increase in spending. SIPRI said Monday the U.S. earmarked $295 billion to military operations and...

The U.S. Air Force has released a presolicitation notice for a range of services in support of electromagnetic systems, events and signatures over a potential 10-year period. According to a draft request for proposals posted Friday on SAM.gov, Sensor Beam 2024 is a sole-source contract with a ceiling of $400 million, a base ordering period...

L3Harris Technologies (NYSE: LHX) has booked a potential five-year, $141.8 million contract from the U.S. Navy to manufacture common data link terminals for installation on surface combatant ships. The service branch obligated $16 million at the time of award to procure Hawklink AN/SRQ-4 radio terminal sets, the Department of Defense said Friday. Un...

Engineering Solutions and Meadowgate Technologies have agreed to combine to establish a new entity focused on delivering hybrid information technology platforms and professional services to the national security community.  Meadowgate CEO Tom Lash will lead the new company, which will provide technology consulting, systems engineering, product ...

The Defense Health Agency has upheld its decision to select TriWest Health Alliance as the new managed care services provider in the western U.S. region of the U.S. military’s Tricare program. DHA on Thursday asserted that TriWest won the $65.1 billion T-5 MCS contract, after the agency reviewed and dismissed a bid protest Health Net...

Marc Peterson, most recently vice president of strategic programs at Qualis, has been promoted to senior VP of warfighter services and test range programs at the Huntsville, Alabama-based government technical services contractor. He will oversee a portfolio of programs with the U.S. Air Force, U.S. Army and the U.S. Space Force and the delivery of...