Latest News Mentioning Office of Management and Budget (OMB)

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The U.S. Senate voted 60–40 to advance a bipartisan funding measure that could end the longest government shutdown in U.S. history, clearing a key procedural hurdle toward reopening federal agencies and restoring pay for hundreds of thousands of workers. The vote allows debate to proceed on a modified continuing resolution that would extend curren...

Obviant has secured a $99 million prototype award funded by the Defense Innovation Unit to modernize how the Department of War and other government organizations access and use defense acquisition, contracting and budgeting data. Under the contract, the technology company will provide DIU’s commercial team with an operating platform to consoli...

SES CEO Adel Al-Saleh said the third quarter of 2025 marked the first quarter of the combined company following the full consolidation of Intelsat from July 17. In July, Luxembourg-based satellite communications company SES closed its acquisition of Intelsat to create a multi-orbit operator that offers an expanded suite of satellite-based capabiliti...

Amphenol has finalized its $1 billion cash acquisition of Trexon from Audax Private Equity, expanding its portfolio of advanced interconnect and cable assembly products across defense and industrial markets. The company said Trexon will be integrated into Amphenol’s harsh environment solutions segment and is expected to be accretive to earnings wi...

SpaceX has agreed to acquire EchoStar’s full portfolio of unpaired AWS-3 spectrum licenses for approximately $2.6 billion in SpaceX stock.  EchoStar said Thursday the transaction is expected to close following regulatory approvals and satisfaction of customary closing conditions. What the Spectrum Deal Means for SpaceX & EchoStar? Accordi...

Bugcrowd has acquired Mayhem Security, a provider of artificial intelligence-enabled offensive security tools and services. Following the transaction’s completion, Bugcrowd said it will integrate Mayhem’s automation capabilities with its global hacker community to create an AI-powered, human-in-the-loop security testing platform. Financi...

Firefly Aerospace has finalized its $855 million acquisition of national security technology company SciTec, combining cash and stock as payment to SciTec’s owners. The deal, first announced in October, is part of Firefly’s efforts to expand its space and defense capabilities, including launch, ground and in-orbit mission services, for n...

Intuitive Machines, provider of space technology and infrastructure services, has agreed to acquire Lanteris Space Systems, formerly Maxar Space Systems, from Advent International for $800 million. The transaction, which consists of $450 million in cash and $350 million in stock, is expected to close in the first quarter of 2026, Intuitive Machines ...

Cubic Defense has appointed Tammy Schmidt, who brings more than two decades of industry experience, as vice president and general manager of advanced training solutions. In a LinkedIn post published Tuesday, Cubic Defense stated that Schmidt will provide guidance on enhancing its air combat training programs and developing advanced systems...