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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Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]