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Litton Industries, Inc., was a large defense contractor in the United States named after inventor Charles Litton Sr. During the 1960s, the company began acquiring many unrelated firms and became one of the largest conglomerates in the United States.
The U.S. conglomerate Litton Industries, Inc. has endured one of the American business world's most famous expansion odysseys. From its foundation in 1953 through the late 1960s, Litton's annual sales grew from $3 million to $1.8 billion as the company expanded from a relatively small electronics company to a far-flung aggregation of interests ...
6 days ago · Litton Industries, Inc.,, diversified U.S. multinational corporation founded in 1953 by Charles Bates “Tex” Thornton (1913–81). Its more than 80 divisions provide products and services ranging from electronic and electrical components and equipment to aerospace and marine systems and equipment.
Jun 11, 2018 · Learn about the history and products of Litton Industries, a leading electronics and defense company founded by Charles "Tex" Thornton in 1954. Find out how Litton grew through acquisitions, diversified into various markets, and faced challenges and changes over the years.
Northrop Grumman paid $80 per share in cash for Litton, a leading supplier of advanced electronics and information systems and a designer of non-nuclear surface combatant ships. The acquisition made Northrop Grumman one of the world's top-tier defense companies and broadened its portfolio of businesses.
Litton Industries, Inc. LIT. Global X Lithium & Battery Tech ETF. 38.81 D 1.57% (0.62) Company Information. Updated:
Dec 22, 2000 · NEW YORK (CNNfn) - Northrop Grumman Corp. agreed Thursday to acquire Litton Industries Inc., the No. 1 builder of non-nuclear ships for the U.S. Navy, for $3.8 billion in cash, a move that will...
