Latest News Mentioning Office of Management and Budget (OMB)

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Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has secured a potential five-year, $4.4 billion contract from the U.S. Army to manufacture and deliver up to 255 H-60M Black Hawk helicopters to the service branch and foreign military sales customers. The agreement has a base value of $2.3 billion for 120 combat assault utility helicopters and an...

Thomas Bonina, a senior vice president at Koniag Government Services, has elevated to the role of president of health information technology operating group at the Chantilly, Virginia-based federal tech services contractor, GovCon Wire has learned. In this capacity, he oversees a team of health IT professionals focused on delivering services to the ...

Four companies have received separate contracts worth a combined $103.4 million over five years to support spaceflight and aircraft management systems at NASA’s Johnson Space Center in Texas. The Mission Enabling Services Contract consists of five individual contracts that are divided into three work segments, intended to primarily support the...

Apollo Information Systems has acquired CyberDefenses, a Texas-based managed security services provider, for an undisclosed sum to increase Apollo’s ability to help customers protect their operations from ransomware, nation-state attacks and other cyber threats. Founded in 2001, CyberDefenses offers threat intelligence, incident response, elec...

Tim Schmitt, chief development officer at Parsons (NYSE: PSN), will join the company’s executive leadership team on Aug. 1. He will continue to serve in his current role while overseeing the Centreville, Virginia-based technology services contractor’s mergers and acquisitions program, strategy and market research initiatives, Parsons said Tuesda...

Shareholders at Viasat (Nasdaq: VSAT) approved the company’s proposed acquisition of Inmarsat that is expected to conclude in the second half of 2022, pending regulatory clearances and other customary closing conditions. Richard Baldridge, president and CEO of Viasat, said in a statement released Tuesday the approval by Viasat shareholders marks t...

In today’s increasingly online world, government agencies are harnessing the power of digitization and cyber capabilities to push modernization. Now, more and more critical government systems, infrastructure and operations are online — but are these components protected? Chuck Brooks, president of Brooks Consulting International and a member of ...

Leonardo DRS and Israel-based RADA Electronic Industries (Nasdaq: RADA) have agreed to merge in an all-stock transaction to form a public company focused on providing advanced sensing and force protection systems in the defense market. The boards of directors of both companies approved the deal and both parties expect to close the transaction in the...

Software startup Epsilon3 has secured $15 million in a round of Series A financing led by Lux Capital and will use the investment to expand its line of space project management platforms, SpaceNews reported Monday. Epsilon3 offers a web-based platform that offers collaboration tools customized for spacecraft manufacturing and operations and seeks to...