Latest News Mentioning Office of Management and Budget (OMB)

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The British defense ministry is working with BAE Systems and three other companies to develop a next-generation fighter demonstrator platform and expects to fly the aircraft model within the next five years. BAE leads an industry team composed of Leonardo, Rolls-Royce and MBDA in efforts to provide the U.K. military a piloted supersonic test vehicle...

Following the completion of the all-stock merger between Vectrus and Vertex that resulted in the establishment of V2X, Chuck Prow, CEO of the new and more diversified company, engaged in a Q&A with GovCon Wire to share the early discussions about the combination and to expound on the rationale behind the transaction. The eight-time recipient...

General Dynamics’ (NYSE: GD) land systems business has received a potential five-year, $145.5 million contract from the Defense Logistics Agency to provide spare parts for several combat vehicles. The spare parts are intended for the U.S. Army’s Abrams main battle tanks, Stryker family of vehicles, Buffalo, Cougar, RG-31 and family of light armo...

Vectrus has closed its all-stock merger with The Vertex Company to form a new government services provider that will be known as V2X and has an estimated pro forma annual revenue of $3.4 billion. Both companies announced the transaction March 7, saying the combination looks to grow across the GovCon market areas of operations and...

The U.S. Navy has released a solicitation for a follow-on effort to an indefinite-delivery/indefinite-quantity multiple award contract for its combat instrumentation platforms used at training and test and evaluation ranges. According to a SAM.gov notice, Naval Air Warfare Center is seeking proposals to support and sustain the said equipment under t...

The U.S. Navy has selected Communications & Power Industries and Stellant Systems to repair crossed-field amplifiers for the AEGIS Combat System under a five-year, $90.8 million contract. The multiple-award, indefinite-delivery/indefinite-quantity contract will involve fixing double-duty, water-cooled vane and single-duty CFA electron tubes, the...

A General Dynamics (NYSE: GD) subsidiary will supply tritonal bomb components to the U.S. Army under a $133.2 million contract. The service branch is procuring MK-80 series general purpose bombs from General Dynamics Ordnance and Tactical Systems, the Department of Defense said Wednesday. GD-OTS manufactures bomb bodies in sizes of 500, 1000 and 200...

The U.S. Army has awarded two separate firm-fixed-price contracts to Northrop Grumman (NYSE: NOC) and General Dynamics‘ (NYSE: GD) ordnance and tactical systems business for the procurement of 120 mm tank training rounds. The ammunition will be supplied to the service branch through Sept. 30, 2026, under a $66.7 million contract with Northrop ...

Six companies have won positions on an eight-year, $784.3 million contract to design, build and maintain mission systems for Air Combat Command. The ACC Acquisition Management and Integration Center received 17 offers for the Squadron Operations Center-Enterprise Program through a small business and 8(a) set-aside competition, the Department of Defe...

On May 12, 2021, President Biden issued an executive order on improving the nation’s cybersecurity. In the year since the executive order’s release, the federal government has implemented a host of cybersecurity initiatives, standards and policy measures to protect agencies and their industry partners against the increasing threat of cyber ...