Latest News Mentioning Office of Management and Budget (OMB)

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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...

HII reported $3 billion in fourth-quarter revenues for fiscal 2024 and saw its full-year revenue increase 0.7 percent to $11.5 billion. In an earnings release published Thursday, the military shipbuilding company logged $12.1 billion in new contract awards and ended the year with a total backlog of approximately $48.7 billion. HII recorded quarterly...

Vehicle software supplier Applied Intuition has acquired autonomy software provider EpiSys Science, also known as EpiSci. The companies said Thursday the move is part of a strategy to position Applied Intuition’s defense business as one of the leading developers of autonomy software for all-domain applications. The acquisition deal will see Ep...

James Potter was appointed vice president of procurement at V2X, where the previously served as program manager. The executive, who has more than two decades of experience in government, aerospace and defense landscape, announced his promotion in a LinkedIn post published Thursday. James Potter’s Career Highlights Before joining V2X in 2023, P...