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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A joint venture comprised of AECOM (NYSE: ACM), Baker and Cardno has won a potential five-year, $95M contract from Naval Facilities Engineering Command Atlantic to help plan multiple projects on the East Coast and international locations.
PAE will help the U.S. Air Force's 96th Test Wing maintain aircraft and equipment at Eglin AF Base in Florida under a contract worth potentially $158M over seven and a half years. “PAE employs top aviation industry professionals who will lend their expertise to a full range of maintenance capabilities at Eglin,” said John Heller, president and CEO of PAE and a 2020 Wash100 awardee.
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