Latest News Mentioning Office of Management and Budget (OMB)

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Contract spending across civilian government agencies increased to $228B during fiscal year 2020, Bloomberg Government reported Tuesday. BGOV data shows the amount represents a 17 percent rise from approximately $194B in FY 2019....

Northrop Grumman (NYSE: NOC) has secured a potential $1.16B follow-on contract to manufacture updated electronic warfare systems the U.S. Navy will use to defend surface combatant vessels against anti-ship missile threats. The award contains a base value of $100.7M and covers the production of AN/SLQ-32(V)7 Block 3 systems for the branch's Surf...

The State Department has approved South Korea's request to purchase $158.1M in Raytheon Technologies-built (NYSE: RTX) Sidewinder missile systems along with a suite of associated equipment from the U.S. government under a foreign military sales transaction....