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L-3 Boosts Dividend

L-3 Communications [LLL] on Tuesday said it will be increasing its quarterly stock dividend by 20 cents to 30 cents per share, a move that is in line with its emphasis for the past year of deploying more cash either to bolster its stock price or to directly reward shareholders. "The strength of L-3's cash flow gives us the flexibility to pay a higher dividend while continuing to invest in the growth of our company through internal initiatives and acquisitions,"…

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Congress Updates

Pentagon May Make ‘Tradeoffs’ For Low-Cost Autonomous Tech Without Reconciliation Funds, CTO Says

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