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  September 5, 2001
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Home > Company Index > Aerospace & Defense > Aerospace/Defense - Major Diversified > Litton Industries, Inc.

Litton Industries, Inc.
NYSE: LIT
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 NEWS FROM THE WIRES
US Navy chief wants new destroyer amid tight funds
Jul 12 2001 01:12 PM PDT

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 PROFILE
Litton Industries operates a shipload of information, electronics, aerospace, and defense businesses. A subsidiary of Northrop Grumman, the US government accounts for about two-thirds of Litton's sales. Litton builds ships for the US Navy that its information-systems operations and advanced-electronics units (navigation, guidance, and control systems, electronic warfare systems) help protect. The company's civilian products include electronic components and materials -- such as connectors and circuit boards -- and other commercial electronics. After boosting its commercial ship business with the purchase of Avondale Industries, Litton was acquired by Northrop Grumman in 2001 and is being integrated.

 COMPETITION
General Dynamics Corporation (GD)
Lockheed Martin Corporation (LMT)
Newport News Shipbuilding Inc. (NNS)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: July
2000 Sales (mil.): 5,588.20
1-Yr. Sales Growth: 15.8%
Employees: 40,300
Revenue per employee: $138,665.01

 KEY PEOPLE
• Ronald Sugar
    CEO

 CONTACT INFO
21240 Burbank Blvd.
Woodland Hills, CA 91367
US
Phone: 818-598-5000
Fax: 818-598-5940
Online: Web Site

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