February 3, 2010 (FinancialWire) — L-3 Communications’ (NYSE: LLL) board of directors has increased its regular quarterly cash dividend 14 percent, from $0.35 to $0.40 per share. The board has also declared the dividend payable on March 15, 2010 to shareholders of record at the close of business on March 1, 2010.

New York City-based L-3 Communications is a prime contractor in aircraft modernization and maintenance, C3ISR systems and government services.

L-3 is also a provider of high technology products, subsystems and systems. The company reported 2009 sales of $15.6 billion.

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