Business/Financial

Raytheon [RTN] yesterday said it will increase its annual stock dividend by 11 percent from $1.12 to $1.24 per share, signaling the company’s confidence in its financial position. Quarterly dividend […]

By Ann Roosevelt Lockheed Martin [LMT] and the Army Space and Missile Defense Command/Army Forces Strategic Command (USASMDC/ARSTRAT) are preparing to fly a High Altitude Airship (HAA) demonstrator this summer […]

By Geoff Fein General Dynamics [GD] has developed the Trusted Virtual Environment (TVE) to solve a long-term problem of being able to take multiple computers with top secret, secret, and […]

By Geoff Fein The Navy is expected to begin dynamic interface testing aboard the USS McInerney (FFG-8) next month with the Fire Scout vertical takeoff unmanned aerial system (VTUAV), completing […]

Ultralife Corp. [ULBI] has acquired the tactical communications products business of SAIC [SAI] for $5.7 million in cash, giving it direct access to the handheld radio/amplifier market. SAIC’s communications products […]

By Geoff Fein The Navy yesterday awarded Lockheed Martin [LMT] a contract for the third Littoral Combat Ship (LCS), but the award amount was not made public due to the […]

The Terminal High Altitude Area Defense, or THAAD, missile defense system scored another successful hit against a target missile, the Missile Defense Agency (MDA) announced. That successful hit was scored […]

The Air Force gave Raytheon Co. [RTN] a $23 million undefinitized with firm fixed price contract for production of 70 Maverick Missiles and a guidance and control section. A unit […]

Uncertainty Plagues Johnson Workforce As Key NASA Posts Go Unfilled For Months The federal government is betting that a huge storm won’t hit Johnson Space Center head-on, deciding to pay […]

GMD System Operations And Sustainment At Stake; Missile Defense Agency Contract Sought Lockheed Martin Corp. [LMT] will take on The Boeing Co. [BA] in a fight for an operations and […]