Harris Declares 37 Cent Dividend

Shareholders at Rockwell Collins (NYSE: COL) and airline cabin equipment supplier B/E Aerospace (Nasdaq: BEAV) have approved a deal originally announced in October for Rockwell Collins to purchase B/E Aerospace for approximately $6.4 billion in cash and stock. The transaction was backed by more than 99 percent of Rockwell Collins shareholders and nearly 90 percent of B/E Aerospace stockholders

Executive Mosaic’s GovCon Index recorded a 0.134-percent or 0.117-point increase Friday to 87.249 to register its second consecutive weekly gain as investors continue to have a positive outlook on defense stocks compared to healthcare and other sectors. GCI gainers outnumbered laggards Friday with L-3 Communications (NYSE: LLL) as the best net performer and Leidos (NYSE: LDOS) the top percentage performer.

Lockheed Martin (NYSE: LMT) unveiled revised full-year earnings and revenue guidance that exceeded Wall Street’s expectations Monday in the defense contractor’s first financial statement since the Aug. 16 spinout and merger of its former government services segment into Leidos Holdings (NYSE: LDOS). GovCon Index– and S&P 500-listed Lockheed sees earnings of $12.10 per share and $46.5 billion in revenue for 2016 versus the average analyst forecast of $11.75