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Category: Financial Report

ITT Exelis and Xylem Spinoffs to be Completed on Oct. 31, 2011

Pursuant to its January 2011 announcement, ITT Corp. (NYSE: ITT) today announced that its board of directors has approved the

ITT Corp. Looks to Raise $100M in ‘Dutch Auction’ Debt Sale

ITT Corp. (NYSE: ITT) is seeking to raise $100 million in a “Dutch auction” bond offering of 7.4 percent debt instruments

Lockheed Raises Quarterly Dividend By 33%, Authorizes $2.5B of Share Repurchases

Lockheed Martin‘s (NYSE: LMT) board of directors authorized two company financial moves on Sept. 21. a fourth quarter 2011 dividend of $1.00 per

Citizant Expands N. Va. HQ as Workforce, Business Grows; Raymond Roberts Comments

Citizant has added 2, 000 square feet to its Chantilly, Va., headquarters office as the company has grown its workforce by

Lockheed Announces New $1.5B Credit Line

Lockheed Martin (NYSE: LMT) has entered into a new $1.5 billion unsecured revolving credit facility with banks led by JP Morgan Chase Bank N.A. Lockheed

Iron Bow CEO Rene LaVigne, Other Execs Acquire Controlling Interest in Company

  Iron Bow Technologies President and CEO  Rene LaVigne has acquired a controlling interest in the company with other company executives through

GTSI to Repurchase up to $5M of Common Stock to Take Advantage of Strong Cash Position

GTSI‘s board of directors has authorized the company to repurchase up to $5 million in shares of its common stock. The share repurchase program

CACI Repurchases 4 Million Shares of Common Stock; Paul Cofoni Comments

  CACI International Inc. (NYSE: CACI) has entered an agreement with Bank of America N.A. to repurchase 4.0 million shares

Lockheed to Increase Share Repurchases by up to $1B; Bob Stevens Comments

Lockheed Martin Corp.’s (NYSE: LMT) board of directors has approved an interim increase of up to $1 billion to the

CACI Releases Quarterly Financial Results; CEO Paul Cofoni Comments

CACI International (NYSE: CACI) released its fourth quarter fiscal year 2011 financial results on Aug. 18. CACI reported its diluted earnings