Aerospace Group:

Business/Financial

L-3 Raising Dividend

By Cal Biesecker

Tuesday, February 10th, 2015

SHARE:

L-3 Communications [LLL] on Tuesday said it will increase it quarterly cash dividend by 8 percent as a way to reward shareholders.The quarterly dividend will go from 60 cents to 65 cents beginning on March 16.“We are pleased to continue delivering value to shareholders by increasing L-3’s dividend for the 11th consecutive year,” Michael Strianese, L-3’s chairman, president and CEO, said in a statement. “This action demonstrates the board’s confidence in the company’s performance and our balanced cash deployment approach.…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]