Latest News Mentioning Office of Management and Budget (OMB)

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Lockheed Martin (NYSE: LMT) received a $74.8M contract from Consortium Management Group to begin the second phase of development for the U.S. Army’s Multi-Function Electronic Warfare Air Large program. The company said Wednesday it will develop the “air large” component of the MFEW-AL system, which is designed to deliver combined cyber and ele...

Lockheed Martin (NYSE: LMT) has received a potential $789.6M contract from the U.S. Navy to provide sustainment and maintenance support for the combat management system of the service’s littoral combat ships. The sole-source contract for the Littoral Combat Ship Component Based Total Ship System – 21st Century program has a base amount worth $9...