Latest News Mentioning Office of Management and Budget (OMB)

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The U.S. Air Force has awarded RTX subsidiary Pratt & Whitney a potential three-year, $1.5 billion contract to sustain F119 engines for the military branch’s F-22 Raptor fighter aircraft. RTX said Thursday the engine sustainment contract will enhance readiness and reduce costs for more than 400 F199 engines that have logged over 900,000 fl...

Ridgeline International has agreed to acquire System High for an undisclosed sum as part of efforts to establish a scaled provider of high-end security offerings designed to protect the country’s weapons systems, critical operations and intelligence missions. According to a joint release published Wednesday, the companies expect the transactio...

Dynamic Integrated Services has purchased Vital Edge Solutions for an undisclosed sum to expand its capability to deliver mission-critical technology platforms and IT services to federal government clients. DIS said Wednesday the transaction expands its capabilities in IT modernization, management consulting and strategic communications and strength...

Artificial intelligence platform provider Virtualitics has promoted Rob Bocek, a defense technology industry veteran, to chief revenue officer. The Pasadena, California-based company said Thursday Bocek will drive AI innovation across federal and global markets, strengthen partnerships and help scale platforms that support customers’ missions....

John Lau, a 15-year industry veteran, has been selected as vice president of defense and intel solutions at ECS. The information technology systems integrator said Thursday Lau will spearhead the delivery of its data, artificial intelligence, cloud, cybersecurity and digital services portfolio across the Department of Defense and Combatant...

Digital technology company SMX has acquired cBEYONData for an undisclosed sum to establish a provider of digital transformation capabilities meant to help government customers address their planning, financial and analytical needs. OceanSound Partners-backed SMX said Tuesday cBEYONData will continue to operate with its existing leadership team withi...

The promises of the second Trump administration — namely, reductions in bureaucratic redundancy and spending — have the government contracting industry sufficiently apprehensive about the prospects for funding in the year ahead, according to reporting by financial services company Raymond James. The organization has issued its monthly ...

 Dawn Golightly has been appointed vice president of Lockheed Martin‘s upper-tier integrated air and missile defense, or UTIAMD, programs. Golightly announced her appointment in a LinkedIn post on Monday. The move comes after the Missile Defense Agency awarded Lockheed a $2.8 billion recompete contract to develop the Terminal High Al...

5G connectivity has the potential to mitigate latency and enable large amounts of data to pass through communications systems, a bonus for the military. But so too do non-terrestrial networks — which are facilitated not by cellular towers but rather arrays of satellites — as long as they are situated in low Earth orbit rather than...

The U.S. Air Force has announced its intent to add another $10 billion to the ceiling value of a potential five-year, $15 billion contract for the development and integration of the Lockheed Martin-built C-130J military transport aircraft. In a Jan. 31 notice published on SAM.gov, the Air Force Life Cycle Management Center’s Mobility Directorate s...