Business/Financial

Raytheon [RTN] yesterday said it is increasing its annual dividend by 10 percent to $2.20 per share from $2.00, marking the ninth straight year the company has increased its dividend. […]

The U.K. government and industry yesterday pledged a long-term partnership and an approximately $3 billion investment in the aerospace industry to keep its manufacturing on the cutting edge. Launched yesterday […]

CACI International [CACI] yesterday said it is creating two new business groups, one C4ISR Solutions and the other Mission Systems and Services, to pursue strategic growth opportunities across all of […]

Spirit AeroSystems [SPR] yesterday said that its board of directors has named Larry Lawson, who until Monday was the head of Lockheed Martin’s [LMT] $15 billion Aeronautics division, as its […]

The European Investment Bank (EIB) and the European Aeronautic Defense and Space Co. (EADS) yesterday said they signed an approximately $488 million finance contract in support of EADS Groups innovation […]

Lockheed Martin [LMT] yesterday announced several personnel changes at its Aeronautics segment, with F-35 Lighting II program chief Orlando Carvalho becoming head of Aeronautics effective immediately with the retirement of […]

Raytheon [RTN] has just delivered an eighth mobile X-band Army Navy Transportable Radar Surveillance system (AN/TPY-2) radar to the U.S. government, on the heels of a Defense Department announcement Friday […]

Northrop Grumman [NOC] on Friday said it has expanded a cyber security technology incubator program with its partner, the University of Maryland, Baltimore County, to include three additional companies. The […]

The Army has awarded DynCorp International (DI) a contract with a potential value of $35.3 million to provide Total Package Fielding (TPF) for the family of Medium Tactical Vehicles (MTVs)–the […]

Singapore Technologies Engineering Ltd (ST Engineering) this week said its electronics arm, Singapore Technologies Electronics Limited (ST Electronics), has set up a wholly owned subsidiary, ST Electronics (Wuxi) Co. Ltd. […]