Latest News Mentioning Office of Management and Budget (OMB)

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Technology company Kagwerks and DTC North America have appointed Aydin Mohtashamian, a more than two-decade defense technology industry executive, as president. Kagwerks said Tuesday Mohtashamian brings to the role over 20 years of experience in integrated sensing, defense tech, unmanned aircraft systems and C5ISR platforms with a strong background ...

Sabel Systems Technology Solutions has acquired Centil as part of a push to reinforce its digital engineering capabilities and broaden its ability to support defense and commercial space missions. Sabel said Tuesday the transaction marks its second acquisition since Sagewind Capital made a majority investment in the company in October. Expanding Dig...

The U.S. Air Force has awarded InDyne a potential $1.1 billion indefinite-delivery/indefinite-quantity contract to support the service’s missile warning and defense and space domain awareness missions. What Does the InDyne Contract Cover? The award covers the provision of all mission-essential non-personal services required to sustain continuo...

In January 2025, President Donald Trump issued an executive order to build the Golden Dome, an integrated defense system to protect nations against ballistic, cruise and hypersonic missile threats. The Golden Dome will be a “system of systems,” combining different capabilities to detect, track and intercept threats from an adversary...

Raytheon, an RTX business, has received a $104.1 million cost-plus-fixed-fee contract to provide technical and design agent engineering for the Evolved SeaSparrow Missile and the NATO SeaSparrow Consortium missile programs. The contract, awarded Dec. 19 by Naval Sea Systems Command, includes options that could raise the cumulative value to $884.9 mi...

Artificial intelligence platform developer ServiceNow has agreed to acquire Armis for $7.75 billion in cash to expand its security workflow offerings and drive artificial intelligence-based proactive cybersecurity across connected devices in support of government agencies, companies and critical infrastructure. Don’t miss the Potomac Officers Club...

The Department of Government Efficiency announced that federal agencies have canceled 55 contracts with a total ceiling value of $863 million over the last five days, resulting in approximately $261 million in savings. Which Government Contracts Were Terminated? In a post on X Tuesday, DOGE said the canceled contracts include a $4.5 million Departme...

The Air Force Research Laboratory has issued a notice for its multiple award contract, or MAC, vehicle intended to create a pool of qualified contractors and streamline its acquisition of science and technology services across all relevant areas. The MAC has a basic contract period of five years and three one-year options and a combined...

Lockheed Martin has received a U.S. Navy contract modification worth approximately $3.63 billion to provide F-35 logistics support services for domestic and international military customers. Register now for the Potomac Officers Club’s 2026 Air and Space Summit. The Lockheed-backed event in July will bring together military leaders and industr...

CACI International has agreed to acquire ARKA Group from Blackstone Tactical Opportunities-managed funds for approximately $2.6 billion in cash as part of efforts to expand its space-based sensing capabilities and accelerate the delivery of actionable intelligence to warfighters. CACI is sponsoring the Potomac Officers Club’s 2026 Defense R&am...