Business/Financial

By Calvin Biesecker SAIC [SAI] yesterday said it has relocated its corporate headquarters to the company’s facilities in McLean, Va., from San Diego, effectively moving the corporate executives closer to […]

Lockheed Martin [LMT] yesterday said it would boost its stock dividend by 10.5 percent, or six cents per share, to 63 cents per share payable Dec. 31 to shareholders of […]

By Calvin Biesecker Problems uncovered a year ago at some of the auditing offices of the Pentagon agency that scrutinizes defense contracts turn out to be more widespread throughout the […]

Textron‘s [TXT] board of directors yesterday announced that Chairman and CEO Lewis Campbell will retire on Dec. 1 and will be succeeded by CEO-elect Scott Donnelly, who is currently president […]

By Geoff Fein Earlier this month, Raytheon [RTN] unveiled its latest naval self-defense radar technology–the AN/SPY-5, phased-array system, which can track more targets compared to dish arrays and simultaneous threat […]

By Calvin Biesecker The Obama administration has put forth a reasonable vision for balancing the strategic workforce needs of government agencies with the need to maintain competition for government service […]

By Calvin Biesecker With the ink barely dry on Boeing‘s [BA] first one-year contract option for the Secure Border Initiative (SBI) program, if the company’s performance on the program continues […]

By Geoff Fein The Navy last month took delivery of its first of five low-rate initial production (LRIP) airborne mine neutralization systems (AMNS) and Raytheon [RTN] will have the remaining […]

By Geoff Fein Under the Navy’s new Littoral Combat Ship (LCS) acquisition strategy, General Dynamics [GD] and Lockheed Martin [LMT] are going to have to make tough decisions on what […]

By Calvin Biesecker In a surprise announcement yesterday, Northrop Grumman [NOC] Chairman and CEO Ron Sugar said that he will retire at the end of this year and the company […]