Latest News Mentioning Office of Management and Budget (OMB)

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Kevin Orr, president of RSA Federal, said the current cybersecurity landscape requires government agencies to adopt passwordless authentication to protect their networks from phishing attempts. “In a passwordless environment, authentication combines secure possession factors (like tokens or mobile apps) with biometrics, removing the need for v...

Castelion, a defense technology company, has secured $350 million in Series B financing to support the development of its first hypersonic weapon, called Blackbeard, and the construction of its production and final-assembly facility, Project Ranger. Altimeter Capital and Lightspeed Venture Partners led the funding round, with Andreessen Horowitz, Av...

General Dynamics has promoted Danny Deep, a more than two-decade company veteran, to president and selected Dana Maisano, staff vice president at General Dynamics Information Technology, to succeed the retiring William Moss as controller, effective April 1. Who Is Danny Deep? The company said Friday Deep most recently served as executive VP of globa...

SAIC reported $1.87 billion in fiscal year 2026 third-quarter revenue, down 5.6 percent from the same period the previous year, and $2.2 billion in Q3 net bookings with a trailing 12 months book-to-bill ratio of 1.2. In an earnings statement published Thursday, the Reston, Virginia-based government technology services contractor said it ended the th...

Auria has named Chris Hassett as the new executive vice president and general manager of its commercial and public sector business unit. The company said Thursday that Hassett will guide strategy, customer engagement and operational execution across the business. Who Is Chris Hassett? Before joining Auria, Hassett served as senior executive director...

The Department of State has cleared the government of Canada’s request to purchase air strike weapons and related equipment for $2.68 billion. The Defense Security Cooperation Agency said Thursday that Congress has been notified about the proposed foreign military sale. Boeing and RTX will serve as the principal contractors of the transaction....

Northrop Grumman has secured a contract valued at more than $200 million from the U.S. Army for the procurement of XM1211 High Explosive Proximity, or HEP, fuzed rounds of medium-caliber ammunition. Join the discussion on the Army’s 2030 goals at the Potomac Officers Club’s 2026 Army Summit on June 18. The Minnesota-based global aer...

The Department of War has issued a request for information to gather industry feedback on its plan to produce small unmanned aerial systems capable of carrying out one-way attack missions. What Is the Drone Dominance Program? The program, called Drone Dominance, is designed to provide U.S. producers opportunities to demonstrate the ability to manufa...

Precision Aerospace & Defense Group and FACT II Acquisition, a special purpose acquisition company, have signed a definitive business combination agreement to create a publicly listed aerospace and defense engineering and manufacturing company with an implied enterprise value of up to $320 million. The combined company will operate as ...

LMI has announced the acquisition of intellectual property and advanced capabilities to broaden its in-transit visibility and asset tracking services for the U.S. military. What Capabilities Are Added Through the Acquisition? The Tysons, Virginia-based company said the move establishes its entry into the hardware domain, complementing its softw...