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Topic: Litton Industries


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In the News (Thu 16 Feb 12)

  
  Litton Corporation Products
The Litton oven was introduced in the 1940s and sold to restaurants; a home version would not be available until 1967.
The LN 3 Inertial Guidance System, an advanced guidance system for missiles or for autopilot or pilot assistance programs, was developed by Litton Industries and became standard on all NATO fighter aircraft as well as being incorporated into many of the United States military missiles and aircraft.
Leveraging the various expertises developed from Charles Litton's initial innovations with the vacuum tube, Litton proved critical in the development of a number of different industries.
www.littoncorp.com /litton-corporation-products.asp   (1062 words)

  
 Litton Industries — Company History
Early developments were the Litton microwave oven, used primarily in an industrial context, and the Royal and Triumph electronic typewriter.
Litton Industries invented and developed hundreds of different products for the military, including navigational electronics, computing equipment, electronic warfare equipment, and communications systems.
By the early 1990s, Litton Industries was too large to manage as one unit.
www.littoncorp.com /litton-industries.asp   (648 words)

  
  TheStreet.com: Update: Litton Industries Names New President
Litton Industries (LIT:NYSE - news) announced Thursday that Ronald D. Sugar has been named the company's president and chief operating officer and that he was in line to become chief executive by Dec. 31, 2001.
He is a member of the board of governors of the Aerospace Industries Assocation, a trustee of the National Defense Industrial Association and a member of the Conference Board Council of Operating Executives.
Litton is the nation's largest builder of non-nuclear ships for the Navy, is a leading information technology contractor to the U.S. government and provides specialized information technology services to commercial and government customers.
www.thestreet.com /brknews/hardware/972650.html   (448 words)

  
 [No title]   (Site not responding. Last check: 2007-10-13)
Litton develops and manufactures navigation, guidance and control, electronic warfare and command, control and communications systems and information technology.
Litton, founded in 1953 as a small electronics company, has evolved into a $3.6 billion aerospace/defense company.
December 12 -- Litton Industries, Inc. has signed a purchase agreement for Litton's acquisition of the Racal Marine Group from Racal Electronics Plc.
www.fas.org /man/company/litton.htm   (250 words)

  
 DEMASO APPOINTED PRESIDENT OF LITTON MARINE SYSTEMS   (Site not responding. Last check: 2007-10-13)
Litton Marine Systems, headquartered in Charlottesville, Virginia, was formed from the consolidation of Sperry Marine (Charlottesville, Virginia), Decca Marine (New Malden, United Kingdom) and C. Plath (Hamburg Germany).
Litton is the largest builder of non-nuclear ships for the U.S. Navy and designs builds and overhauls surface ships for government and commercial customers world-wide.
Litton is a leading provider of defence and commercial electronics technology, components and materials for customers worldwide.
www.porttechnology.org /industry.news/2001/01.08.shtml   (448 words)

  
 Litton Industries
Litton, founded in 1953 as a small electronics company, evolved into a $3.6 billion aerospace/defense company.
On December 12, 1997 Litton Industries, Inc. agreed to purchase the Racal Marine Group from Racal Electronics Plc.
On January 16, 1997, Litton Industries Inc. announced that it has agreed to purchase SAI Technology (SAIT), a division of Science Applications International Corporation.
www.globalsecurity.org /military/industry/litton.htm   (291 words)

  
 [No title]   (Site not responding. Last check: 2007-10-13)
Litton PRC was one of five prime vendors awarded a contract by the General Services Administration (GSA) to offer common, interoperable multi-application smart card systems and services to all federal agencies.
Litton ISG, headquartered in Woodland Hills, California, employs more than 9,200 in 150 offices nationwide, and is ranked as one of the Federal government’s top 10 Information Technology contractors.
Litton is the nation’s largest builder of non-nuclear ships for the U.S. Navy and designs, builds and overhauls surface ships for the government and commercial customers worldwide.
www.andcorporation.com /press/download/hci_acsys_litton.doc   (775 words)

  
 Litton to Acquire Avondale
Litton outbid Newport News Shipbuilding (NNS) for acquisition of Avondale, but Litton's own bid for acquisition of NNS remained in doubt after officials in the Department of Defense expressed opposition to the proposed merger.
Litton's simultaneous but separate bids for both Avondale--which builds amphibious warfare and auxiliary ships--and Newport News Shipbuilding--which builds nuclear-powered aircraft carriers and submarines--came on the heels of the NNS bid for Avondale, as well as a General Dynamics bid for NNS that failed in the face of government opposition.
Litton's acquisition of Avondale leaves only three major corporations in control of the six major U.S. shipbuilding companies that have survived the post-Cold War downsizing: NNS; General Dynamics (Bath Iron Works, Electric Boat, and National Steel and Shipbuilding Company); and Litton (Ingalls and Avondale).
www.navyleague.org /seapower/litton_to_acquire_avondale.htm   (1028 words)

  
 Litton Industries
In an effort to improve efficiency corporatewide, Litton wanted to connect all 27 divisions and to transfer repetitive, mundane tasks - or those that were paper-, fax- or phone-based - to a centralized intranet.
One of the key uses of Litton's new intranet is for the development and analysis of capital forecast plans.
The Litton intranet is also a major source for content, including a company directory and a multitude of other productivity-enhancing information.
wp.netscape.com /solutions/business/profiles/litton.html   (2150 words)

  
 Company News On Call   (Site not responding. Last check: 2007-10-13)
While Litton indicates that the combined free cash flow for the three entities would approximate $300 million, there is the potential for additional acquisitions as opposed to debt pay down.
DCR's ratings of Litton Industries are 'BBB+' (Triple-B-Plus) for the senior unsecured debt and bank credit facility, 'BBB-' (Triple-B-Minus) for the preferred stock and 'D-2' (D-Two) for the commercial paper.
Litton Industries had outstanding funded debt of approximately $1.2 billion at January 31, 1999, representing 47.9 percent of invested capital.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=105&STORY=/www/story/05-10-1999/0000929953   (184 words)

  
 VisionCompass   (Site not responding. Last check: 2007-10-13)
Litton PRC believes this product keeps them in the forefront of industry solution providers that specialize in offering their customers advanced management tools.
Litton ISG, headquartered in McLean, Virginia, employs more than 8,000 in 150 offices nationwide, and is ranked as one of the Federal government's top 10 contractors.
Litton PRC is one of fewer than 2% of all companies that have achieved the Software Engineering Institute (SEI) capability maturity model (CMM) Level 5 rating, the highest software development process improvement level a company can earn.
www.visioncompass.com /littonpr.html   (593 words)

  
 Los Angeles Business Journal: Litton converts by buying former defense contractors - Litton Industries Inc
Litton's forays into commercial applications include developing the communications system used by the White House and the nationwide fingerprint-matching system used by the FBI.
Litton is a relatively small defense company, compared to giants like Raytheon ($12.3 billion sales) and Lockheed Martin ($26.8 billion).
Litton's net income represented only 3.8 percent of sales in fiscal 1997, compared with 5 percent for Lockheed Martin and 6.2 percent for Raytheon.
www.findarticles.com /p/articles/mi_m5072/is_n46_v19/ai_20134715   (806 words)

  
 Litton Industries Deploys Netscape SuiteSpot Server Software for Innovative Corporate Intranet
Litton Industries employs more than 35,000 employees in the U.S., Germany, Canada and Italy, and has more than $3.6 billion in yearly revenue.
Streamlining the distribution and approval of Litton's capital budget forecast is one of the key objectives of the Intranet.
Litton is a leader in high technology world markets for navigation, guidance and control, electronic warfare and command, control and communications systems and information technology.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/3-16-98/435444&EDATE=   (887 words)

  
 Winchester Electronics-Terms
Litton makes no representation that materials in the Site are appropriate or available for any particular purpose or legally accessible from any particular location and access to them from territories where their contents are illegal is prohibited.
The name "Litton" or "Litton Industries, Inc." or the Litton logo may not be used in any way, including in advertising or publicity pertaining to distribution of materials on this Site, without prior, written permission.
Litton prohibits use of the Litton logo as a "hot" link to any Litton site unless establishment of such a link is approved in advance by Litton in writing.
www.winchesterelectronics.com /terms.asp   (608 words)

  
 Litton Acquires Avondale
Litton Industries' acquisition of Avondale Industries has been completed, and the company has placed its two shipyards under the newly formed Litton Ship Systems Group headed by former Ingalls Shipyard president Gerald J. St. Pé.
Litton withdrew its $1.8 billion proposal to acquire Newport News Shipbuilding because of Defense Department concerns that the acquisition would limit competition.
Litton's purchase of Avondale leaves control of the nation's six largest shipyards under three companies: Litton (Ingalls and Avondale); General Dynamics (Electric Boat, NASSCO, and Bath Iron Works); and Newport News Shipbuilding.
www.navyleague.org /seapower/litton_acquires_avondale.htm   (776 words)

  
 Shipping, shipbuilding, offshore news
Northrop Grumman Corporation (NYSE: NOC) and Litton Industries Inc. jointly announced today that they have signed a definitive agreement under which Northrop Grumman will acquire for cash all of the outstanding shares of Litton for $80 per common share and $35 per Series B Preferred share.
Litton, whose units include the Litton Ingalls and Litton Avondale shipyards is a leading supplier of advanced electronics and information systems to the U.S. government and international customers and is the premier designer and builder of non-nuclear surface combatant ships for U.S. and foreign navies.
Litton had $8.2 billion in fully funded backlog at the end of its first quarter, October 31, 2000.
www.marinelog.com /DOCS/NEWS/MMDec21b.html   (265 words)

  
 Litton Industries
Litton Industries, Inc, has agreed to divest the multi-million dollar systems engineering and technical assistance contract for the Navy’s Aegis destroyer program to settle Federal Trade Commission charges that its $425 million acquisition of PRC Inc. would violate antitrust laws.
Litton is one of two defense contractors that manufacture Aegis destroyers for the Navy, and PRC is the sole systems engineering and technical assistance contractor for the program, developing technical specifications for Aegis procurements and evaluating bid proposals and contractor performance.
Finally, Litton has signed an interim agreement, in which it has agreed to be bound by the terms of the order contained in the consent agreement, as if it were final.
www.ftc.gov /opa/1996/02/litton.htm   (665 words)

  
 Press Release
Litton Industries employs more than 32,000 employees in the U.S., Germany, Canada, the UK and Italy, and has more than $4.2 billion in yearly revenue.
Litton is using Netscape SuiteSpot server software to connect its 27 divisions together and improve efficiency by reducing repetitive paper, fax and phone-based tasks.
Litton also worked with Data Systems West to deploy Netscape server software to run more than 30 newsgroups on topics such as best practices, technical issues, security measures and new technologies.
wp.netscape.com /newsref/pr/newsrelease584.html   (891 words)

  
 Northrop Grumman takes over Litton Industries (January 2001) - News - optics.org
Northrop Grumman Corporation of Los Angeles, California, in the US, is to take over Litton Industries in a cash transaction worth USD 5.1 billion including USD 1.3 billion of Litton net debt.
Litton employs 40,000 and the combined revenues of the two companies are expected to reach USD 15 billion this year.
Litton will be operated as a wholly owned subsidiary of Northrop, following the close of the transaction, which is expected in the first quarter of this year.
optics.org /articles/news/07/1/5/1   (292 words)

  
 Statement of Dr. Cavaiola   (Site not responding. Last check: 2007-10-13)
Litton Ship Systems is a new Corporate Group within Litton Industries formed coincident with the August 1999 merger of Ingalls Shipbuilding and Avondale Industries.
The consolidation of Ingalls and Avondale makes good business sense at a time when rapid industry consolidation was, and still is, underway and in an environment where the way in which the Navy procures ships is changing significantly.
LSS is doing its part in aggressively responding to a changing environment, a consolidating industry, a very tight labor market and a demand for new skills and sophisticated and affordable ships.
www.house.gov /hasc/testimony/106thcongress/00-02-29cavaiola.htm   (1702 words)

  
 Litton faces $117M charge in 4Q to exit business - Aug. 2, 1999
NEW YORK (CNNfn) - Litton Industries Inc. said Monday it will post a fourth-quarter charge of about $117 million as the maker of electronic defense and information systems exits the mainframe business.
     Woodland Hills, Calif.-based Litton (LIT), which was expected to announce Monday the closing of its $529 million purchase of Avondale Industries Inc. (AVDL), said the charge will amount to $77 million after taxes.
     Litton said leaving the mainframe outsourcing and professional services business at Litton Enterprise Solutions will cost roughly $88.9 million in its current fourth quarter and lead to the reduction of about 150 jobs at that 350-employee subsidiary.
money.cnn.com /1999/08/02/companies/litton   (273 words)

  
 Litton Guidance and Control Systems Division (Northrop Grumman Navigation Systems Division) - Woodland Hills, CA:Survey ...
Litton Guidance and Control Systems Division (GCSD) (Now Northrop Grumman Navigation Systems Division) is part of Litton Industries' Advanced Electronic Systems Group.
Litton GCSD is a leading worldwide producer of inertial navigation systems for military applications.
Litton GCSD systems have been applied in other fields such as aircraft, helicopter, and ship navigation; missile, Multiple Re-entry Vehicle, and torpedo guidance; weapon delivery; fire control; and air and land survey.
www.bmpcoe.org /bestpractices/internal/litg2/summary.html   (299 words)

  
 Business Wire: Tom Kitchen Named President of Litton Avondale Industries; Replaces retiring Al Bossier
Litton Industries (NYSE: LIT) announced today that Thomas M. "Tom" Kitchen, a member of the Litton Avondale Industries management team for more than two decades, has been named president of Avondale.
Litton Avondale Industries is a manufacturer of sea-going vessels, serving marine, transportation, energy, defense and industrial markets.
Litton Industries, headquartered in Woodland Hills, California, is also a leader in worldwide technology markets for advanced defense, electronic and information systems.
www.findarticles.com /p/articles/mi_m0EIN/is_1999_Oct_6/ai_56014290   (498 words)

  
 Reshaped Litton group eyes dividends   (Site not responding. Last check: 2007-10-13)
The reorganization of Litton Industries Inc.'s Information Systems Group into four separate divisions will position the company to move more quickly on new business and to grow internally and through acquisitions, company officials and industry analysts say.
Litton announced Dec. 5 it would reshape its Information Systems Group by splitting Litton PRC Inc. into three customer-focused divisions and creating a fourth division from Litton TASC Inc. The $1.5 billion group will share centralized administrative and marketing resources.
Litton's Information Systems Group could grow at a faster rate than the overall 3 percent annual growth that is expected in the federal IT market be-cause of higher margins in emerging e-solutions in Litton's areas of expertise or current business offerings, said Ronald Sugar, Litton's president and chief operating officer.
www.fcw.com:8443 /fcw/articles/2000/1211/news-litton-12-11-00.asp   (457 words)

  
 Litton AMECOM Division (Northrop Grumman Electronic Systems Division) - College Park, MD:Litton Technology Transfer ...
Litton AMECOM actively participates in the Litton Industries Corporate Council of Manufacturing Engineers.
This is a formalized program within Litton Industries to transfer technologies among the Litton Divisions.
Through these technical interfaces, an opportunity is created between the various participating Litton Divisions to exchange information regarding new processes, new materials, and advanced state-of-the-art technology for the mutual benefit of all Divisions.
www.bmpcoe.org /bestpractices/internal/litam/litam_2.html   (313 words)

  
 U.S. Navy Lab,Litton Ship Systems Ink Agreement   (Site not responding. Last check: 2007-10-13)
Litton Ship Systems (LSS) has signed a Memorandum of Agreement (MOA) with the Carderock Division of the Naval Sea Systems Command, to identify and collaborate on projects of mutual interest for the benefit of the U.S. Navy and the U.S. maritime industry.
Litton Ship Systems, headquartered in Pascagoula, Mississippi, includes Litton Ingalls Shipbuilding and the Litton Ship Systems Full Service Center, both located in Pascagoula, as well as Litton Avondale Industries, located in New Orleans, Louisiana.
Litton Industries (NYSE: LIT) is also a leading information technology (IT) contractor to the U.S. government and provides specialized IT services to commercial and government customers in local and international jurisdictions.
www.dt.navy.mil /pao/release/press/litton6_00.html   (603 words)

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