Latest News Mentioning Office of Management and Budget (OMB)

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Innovative Rocket Technologies, or iRocket, has signed a nonbinding letter of intent to merge with special purpose acquisition company BPGC Acquisition in a transaction that would result in the reusable space rocket developer becoming a publicly traded company. In a joint release published Monday, the companies said a definitive agreement is expecte...

The U.S. Navy has awarded a $536.8 million sole-source contract to the missile and defense segment of RTX business Raytheon to provide air and missile defense radar AN/SPY-6(V) integration and production support efforts. SPY-6 radar purchases for the United States and the government of Germany under the Foreign Military Sales program were combined i...

By Jennifer Sample, Ph.D., chief technology officer at Empower AI As organizations and agencies modernize IT operations to improve service quality, security and efficiency, AI-driven IT service management, dubbed ITSM, has emerged as a transformative capability. But beyond the buzz, the real change isn’t just a new level of automatio...

China’s upper hand in a test of military tech power comes down to the interconnectivity of its various parts and moving pieces, Shubhi Mishra, CEO and founder of Raft and a two-time winner of the prestigious Wash100 Award, told GovCon Wire in an exclusive interview. “China is already moving like one machine. Their sys...

Mastodon Design, a CACI International company, has received a potential $400 million contract modification from the U.S. Army for the continuous production and delivery of a manpack version of the military branch’s Terrestrial Layer System-Brigade Combat Team, or TLS-BCT, platform. In a statement published Wednesday, John Mengucci, president a...

Mike Krafft, an industry veteran with 32 years of experience, shared on LinkedIn Sunday that he has been promoted to vice president of federal at Broadcom. Who Is Mike Krafft? Before his promotion, Krafft served as the director of national security and federal systems integrators, a position he had held since joining Broadcom in 2023. Prio...

Motorola Solutions has agreed to acquire Silvus Technologies for approximately $4.4 billion to broaden its intelligent network footprint and address the increasing security and defense use cases for autonomous systems and high-bandwidth communications. Motorola said Tuesday it expects the transaction to close in the third or fourth quarter of 2025, ...

TSS Solutions has named Joshua Cryer as chief technology officer and vice president of engineering. Cryer announced the appointment in a LinkedIn post on Wednesday. Bringing nearly three decades of experience in military communications, Cryer will lead the engineering and technology innovation team at TSS Solutions, focused on developing and deliver...

Apogee has appointed Pete Brady, a global growth strategist, as vice president of growth. In his new role, Brady will focus on advancing the transition into the unrestricted federal market and leading long-term strategic growth initiatives, Apogee said Thursday, noting that his leadership will contribute to expanding the company’s strategic ma...

The U.S. Army has awarded BAE Systems Land and Armaments a cost-no-fee contract action valued at up to $423.3 million to manufacture and deliver self-propelled howitzer weapon systems. Work on the contract will be performed at multiple sites across the country, including Pennsylvania, Michigan and South Carolina, the Department of Defense ...