http://www.defensedaily.com Defense Daily en-us 2012 Thu, 9 Feb 2012 6:09:56 EST After another strong year generating free cash flow and pretty much more of the same expected in 2012, L-3 Communications [LLL] Tuesday evening said it will increase its quarterly cash dividend by 11 percent, marking the eighth consecutive annual dividend... http://www.defensedaily.com/sectors/financial/16694.html Thu, 9 Feb 2012 0:00:00 EST A $25 million after tax charge associated with ATK’s [ATK] Thiokol business and lower margins on commercial ammunition led the company yesterday to post lower third quarter earnings while sales dipped a bit. Meanwhile, the diversified aerospace and... http://www.defensedaily.com/sectors/financial/16642.html Fri, 3 Feb 2012 0:00:00 EST CACI International [CACI] on Wednesday reported double-digit increases in income and sales in its second quarter, continuing where it left off after the first quarter. Net income rose 24 percent to a record $41.1 million, $1.51 earnings per share (EPS), from... http://www.defensedaily.com/sectors/financial/16644.html Fri, 3 Feb 2012 0:00:00 EST Oshkosh Corp. [OSK] Friday said that a challenge by investor Carl Icahn to add new blood to its board has been beaten back based on the preliminary proxies turned in to the independent Inspector of Elections at the company’s annual meeting. Oshkosh said... http://www.defensedaily.com/sectors/financial/16562.html Mon, 30 Jan 2012 0:00:00 EST Raytheon [RTN] yesterday posted strong earnings results in its fourth quarter despite a drop in sales but the company, similar to its big name competitors, offered relatively flat sales and lower earnings guidance for 2012. Net income was up sharply, 18... http://www.defensedaily.com/sectors/financial/16552.html Fri, 27 Jan 2012 0:00:00 EST Lower sales, higher pension expenses and decreased tax credits led Lockheed Martin [LMT] to report lower profits in its fourth quarter. The company expects sales to decline further in 2012 with earnings either down or flat compared to 2011. Net income... http://www.defensedaily.com/sectors/financial/16557.html Fri, 27 Jan 2012 0:00:00 EST General Dynamics’ [GD] yesterday reported that its fourth quarter earnings fell 17 percent stemming from a hefty charge at its business that provides custom interiors to business jets. After a management change at the Switzerland-based Jet Aviation... http://www.defensedaily.com/sectors/financial/16538.html Thu, 26 Jan 2012 0:00:00 EST Rockwell Collins [COL] yesterday said its first quarter sales were relatively flat while net income tumbled 14 percent due to a higher tax rate. Net income in the FY ’12 first quarter was $130 million, 86 cents earnings per share (EPS), versus $151... http://www.defensedaily.com/sectors/financial/16486.html Fri, 20 Jan 2012 0:00:00 EST Motivation is key in assessing the risks of cyber-attacks and what to do about them for defense companies as well as government and commercial entities, a key official at Stroz Friedberg LLC, a global digital risk management and investigations firm, told... http://www.defensedaily.com/sectors/financial/16336.html Tue, 10 Jan 2012 0:00:00 EST Moving into a new market area, just like some other government services firms, ManTech International [MANT] yesterday said it has acquired Evolvent Technologies, which provides healthcare information technology (IT) services to the federal government. Terms... http://www.defensedaily.com/sectors/financial/16342.html Tue, 10 Jan 2012 0:00:00 EST General Dynamics [GD] yesterday said it has completed its $360 million acquisition of Force Protection... http://www.defensedaily.com/sectors/financial/16205.html Wed, 21 Dec 2011 0:00:00 EST Moog Inc. [MOG.A] last week said it has acquired Netherlands-based firm Bradford Engineering for $13.1 million in cash, complementing its existing European spacecraft components business. Bradford is a developer and... http://www.defensedaily.com/sectors/financial/16208.html Wed, 21 Dec 2011 0:00:00 EST General Dynamics [GD] Friday said the Justice Department granted early termination of the waiting period required by the Hart-Scott-Rodino (HSR) Antitrust Improvements Act in connection with its $5.52-per-share cash tender offer to purchase the outstanding... http://www.defensedaily.com/sectors/financial/16182.html Mon, 19 Dec 2011 0:00:00 EST Boeing [BA] this week said it will raise its quarterly stock dividend by nearly 5 percents to 44 cents... http://www.defensedaily.com/sectors/financial/16144.html Wed, 14 Dec 2011 0:00:00 EST L-3 Communications [LLL] yesterday said it has agreed to acquire the Kollmorgen Electro-Optical (KEO) unit of Danaher Corp. [DHR] for $210 million in cash, giving it new capabilities in electro-optics and infrared technology and products, a key growth area... http://www.defensedaily.com/sectors/financial/16145.html Wed, 14 Dec 2011 0:00:00 EST The U.K. Parliament’s Public Accounts Committee sees armored vehicle capability gaps out to at least 2025 because the defense department failed to acquire the vehicles it required despite spending approximately $1.7 billion since 1998. “Delays and... http://www.defensedaily.com/sectors/financial/16103.html Mon, 12 Dec 2011 0:00:00 EST Army Materiel Command (AMC) yesterday said it has completed its analysis and identified civilian job reductions to meet funding targets set by the Secretary of Defense. AMC was directed to eliminate 1,440 civilian positions no later than Sept. 30, 2012. Those... http://www.defensedaily.com/sectors/financial/16086.html Fri, 9 Dec 2011 0:00:00 EST In his first major speech since becoming U.K. Secretary of State for Defense, Philip Hammond addressed hot policy issues, including moving the budget toward ambitious programs to renew the forces for a strong future. Hammond's priority is a successful... http://www.defensedaily.com/sectors/financial/16087.html Fri, 9 Dec 2011 0:00:00 EST SAIC [SAI] on Tuesday said it swung to a loss in its third quarter due to a $232 million charge provision stemming from investigations into a workforce management contract with New York City amid flat sales. Excluding the charge, operating income was still... http://www.defensedaily.com/sectors/financial/16068.html Thu, 8 Dec 2011 0:00:00 EST L-3 Communications [LLL] on Tuesday offered its initial guidance for 2012, saying it expects the top and bottom lines to be down from projected sales and earnings in 2011. Sales next year are expected to be between $14.4... http://www.defensedaily.com/sectors/financial/16071.html Thu, 8 Dec 2011 0:00:00 EST