SP's MAI June 16-30, 2011 - Corporate Updates
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CORPORATE
General Dynamics declares dividendThe board of directors of General Dynamics has declared a regular quarterly dividend of 47 cents per share on the company’s common stock, payable August 5, 2011, to shareholders.
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CORPORATE
General Dynamics to acquire Fortress TechnologiesGeneral Dynamics announced that it has entered into a definitive agreement to acquire Fortress Technologies, a provider of secure wireless networking equipment for the US military and other government customers.
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CORPORATE
IAI sales grows by 11 per cent in Q1Israel Aerospace Industries (IAI) has reported sales for Q1 2011 touching $855 million, compared to $769 million in Q1 2010, an increase of 11 per cent.
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CORPORATE
USIBC hails C-17 purchaseThe US-India Business Council (USIBC), a business advocacy group representing some 400 top US companies, has hailed India’s decision to purchase 10 Boeing C-17 aircraft, valued at more than $4.1 billion.
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CORPORATE
Raytheon announces cash dividendRaytheon Company has announced that its board of directors has declared a quarterly cash dividend of $0.43 per outstanding share of common stock. The cash dividend is payable on August 11, 2011.