Raytheon

The Best Dividend Offense Is a Good Defense Stock

In 2011, the S&P 500 Index went nowhere. In fact, it lost a little. But you don't have to suffer just because stock prices stay flat -- if you buy companies that pay strong dividends, like these 4 options in the defense sector.

Raytheon to Buy Applied Signal for $490 million

Defense contractor Raytheon said Monday it has agreed to buy Applied Signal Technology, which specializes in collecting and processing communication signals to support tactical and strategic intelligence missions, for an aggregate purchase price of approximately $490 million.

10 Best Stock Picks of the 10 Richest Hedge Funds

The smartest money on Wall Street may be at the top hedge funds, whose investment managers are paid billions a year to beat the market. Those gurus only take big money clients, but you can follow their lead: DailyFinance has the 10 best stock picks of the 10 highest-paid hedge fund managers.

Biz Brief: Boeing, Raytheon Get New Navy Contracts

The Defense Department announced Thursday that Raytheon received an order from the Naval Air Systems Command for aircraft weapons systems worth about $9 million, and Boeing received a $25 million modification to an existing contract.

Defense stocks: No longer a sure thing

For most of the Bush era, defense stocks seemed pretty close to a sure thing. Those days are over and are not coming back any time soon, according to...