Latest News Mentioning Office of Management and Budget (OMB)

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General Dynamics’ (NYSE: GD) ordnance and tactical systems unit, Northrop Grumman’s (NYSE: NOC) defense systems sector and Major Tool and Machine have received 15-month contracts worth a cumulative total of $74M from the U.S. Air Force to provide BLU 111 warhead assemblies....

Jacobs (NYSE: J) has finalized its acquisition of John Wood Group’s nuclear business for approximately $325M in cash as part of efforts to improve its position as a provider of nuclear lifecycle services and technology-based platforms. Steve Demetriou, chair and CEO of Jacobs, said in a statement published Monday the company will integrate Wo...

A potential $3.9B contract for information technology services to support the U.S. Army’s hardware and software is slated for re-competition ahead of its predecessor award's expiration in August 2023, Bloomberg Government reported Friday....