Northrop Grumman‘s (NYSE: NOC) board of directors has approved a quarterly cash dividend of 70 cents per share on the company’s common stock.
The company will give the dividend to shareholders of record as of March 2, Northrop said Tuesday.
Stockholders are scheduled to receive the payment March 18.
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Leidos (NYSE: LDOS) has been awarded a three-year, $72.8M contract to help the U.S. Navy build a wide area surveillance technology to support antisubmarine warfare missions. The company will develop the Transformational Reliable Acoustic Path System for the Navy's Maritime Surveillance Systems Program Office, the Department of Defense said Friday.
Oshkosh (NYSE: OSK) obtained approval Thursday to begin the full-rate production of Joint Light Tactical Vehicles, nearly four years after the company won a $6.7B contract to build the new armored vehicle platform for the U.S. Army and Marine Corps.
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