Iraq war costs may hit $500 billion or more: Study

Article Abstract:

A paper by the Center for Strategic and Budgetary Assessments (CSBA) projects estimated in March 2006 that the cost of the war in Iraq already have totaled $226 billion, but counting another $23 billion for Iraqi reconstruction work, and the tab might rise to $500 billion by 2016. This costs estimate assumes a scenario where the number of troops in Afghanistan and Iraq declines from about 200,000 currently to 158,000 by September 20, 2007 and thence to about 50,000 by fiscal 2010, remaining at that level through 2016.

Government expenditures, Military aspects, War, United States. Department of Defense, Government finance, War finance, Iraq War, 2003-

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Raytheon to raise dividends, buy back stock

Article Abstract:

Raytheon Company, which is the fifth largest defense contractor, is giving increased profitability to its shareholders by announcing a plan to raise the annual dividend by ten percent and buying back shares. Raytheons' dividend per share will rise to 88 cents in the first quarter instead of 80 cents, and it will buy back up to $700 million of its outstanding common stock and it expects its order book to reach $25.5 billion next year.

Securities issued, listed, Securities, Company securities

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Raytheon rolls out missile countering terrorists

Article Abstract:

Raytheon Co. has rolled out its Surface Launched, Advanced Medium Range Air to Air Missile (SL-AMRAAM), stating that the system can take down cruise missiles, unmanned aerial vehicles (UAVs), planes and helicopters. The SL-AMRAAM is an international system that can combat threats attacking U.S. force, or civilian targets.

Product introduction, New Products/Services, Guided missiles and space vehicles, Guided Missile and Space Vehicle Manufacturing, Air-to-Air Missiles, Air to air missiles

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