Latest News Mentioning Office of Management and Budget (OMB)

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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...

By Kevin Plexico, Senior Vice President of Information Solutions at Deltek In March, the Office of Management and Budget officially released the Biden Administration’s initial fiscal year 2024 discretionary budget request. This initial budget proposal includes a total of approximately $1.8 trillion in top-line discretionary budget requests fo...

Aretum, the newly established mid-tier platform company of Renovus Capital Partners, has acquired Arlington, Virginia-based federal contractor Miracle Systems. Miracle and Renovus portfolio company Panum Telecom will operate under Aretum, which is focused on delivering technology platforms, management consulting and mission support services to the D...

Elbit Systems (Nasdaq: ESLT) has secured a pair of contracts worth $202 million combined to deliver intelligence and electronic warfare aircraft and autonomous artillery systems to unnamed foreign customers. The company said Tuesday it will equip a commercial aircraft platform with an EW suite, designed to help the operator defend against communicat...