Latest News Mentioning Office of Management and Budget (OMB)

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Raytheon Technologies‘ (NYSE: RTX) missiles and defense business will engineer the combat system of the U.S. Navy’s Zumwalt-class guided missile destroyers under a one-year, $308.5 million contract option. The funds will also cover miscellaneous items and travel activities that support work on the fleet’s mission systems and equipm...

European company SES and U.S.-based Intelsat are in talks about a “possible combination” of the two satellite service industry players, the Luxembourg-headquartered satellite telecommunications provider confirmed Wednesday amid reports of the potential multi-billion transaction. According to Bloomberg News, the companies are nearing a de...

BAE Systems has received a $256.8 million contract option to manufacture more than 40 additional amphibious combat vehicles for the U.S. Marine Corps. USMC ordered 25 units of the ACV Personnel variant for $145.3 million and 15 ACV Command vehicles for $111.5 million, the company said Monday. Contract funds will also cover the costs of...

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $214.5 million contract to conduct initial engineering efforts for international partner vessels equipped with the Aegis combat system. Lockheed’s rotary and mission systems business will help foreign military sales customers assess ship modernization plans and select new weapon...

The federal business of CACI International (NYSE: CACI) has landed a potential $92.56 million foreign military sales contract with the U.S. Navy to perform technical engineering work for the Canadian Surface Combatant program. CACI secured an initial $11 million to support the CSC project until February 2024, with options for additional task orders ...

The National Nuclear Security Administration is inviting vendors to submit feedback on a draft solicitation notice for a potential $800 million multiple-award contract to field systems intended to counter the illegal trade of nuclear and radiological materials. NNSA’s planned multiple-award, indefinite-delivery/indefinite-quantity contract to ...

The U.S. subsidiary of MBDA will manufacture common anti-air modular missiles for maritime use under a potential $145.56 million contract from the U.S. Navy’s Naval Sea Systems Command. Under the four-year contract, MBDA Inc. will produce CAMM systems for installation on multi-mission surface combatant vessels of domestic and international cus...

Office of Management and Budget and Department of Labor heads issued a joint memorandum to guide federal agencies following recommendations made by the White House Task Force on Worker Organizing and Empowerment to bolster contract labor and employment practices. The Jan. 10 memo from OMB Director Shalanda Young and DOL Secretary Martin Walsh emphas...

Lockheed Martin (NYSE: LMT) has secured a potential seven-year, $853 million contract to help the U.S. Navy field and sustain the Aegis weapon system. The company’s rotary and mission systems business will provide engineering, software development, in-service maintenance, logistics, fielding and integration support for Aegis configurations del...