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Litton Systems

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BUSINESS
December 1, 1998 | Bloomberg News
Litton Systems Inc., a division of Litton Industries Inc., agreed to buy Denro Inc. for about $60 million in cash, as the aerospace, defense and commercial electronics company expands its voice and data communications business. Woodland Hills-based Litton said its subsidiary will acquire all stock in Denro, a manufacturer of data recorders used in air traffic control. Gaithersburg, Md.-based Denro, a subsidiary of Canadian holding company Firan Corp., had 1997 sales of $37.8 million.
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BUSINESS
December 1, 1998 | Bloomberg News
Litton Systems Inc., a division of Litton Industries Inc., agreed to buy Denro Inc. for about $60 million in cash, as the aerospace, defense and commercial electronics company expands its voice and data communications business. Woodland Hills-based Litton said its subsidiary will acquire all stock in Denro, a manufacturer of data recorders used in air traffic control. Gaithersburg, Md.-based Denro, a subsidiary of Canadian holding company Firan Corp., had 1997 sales of $37.8 million.
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BUSINESS
April 25, 1989
Litton Systems, Woodland Hills, won a $7,075,450 contract from the Army to supply communications equipment.
BUSINESS
January 14, 1997
Litton Data Systems Division has been awarded a $20-million contract from the Italian Air Force to manufacture, test and deliver various air command and air control function modules. Litton's equipment is derived from its mobile air command and control systems used by the U.S. Marine Corps. Litton said the Italian Air Force first tried Litton's mobile tactical air command systems during the Gulf War. Litton Data Systems is a unit of Litton Industries Inc.
BUSINESS
April 25, 1989
Litton Systems Inc. in Woodland Hills won a $7-million contract from the Army to supply communications equipment.
BUSINESS
June 13, 1989
Litton Systems in Van Nuys won a $156,997,840 modification of a Navy contract to provide 12 tactical air operations systems for the Marine Corps and 13 of the systems for the Air Force. The modified contract also includes related equipment, spares parts and training. In addition, the company won a $23,898,500 modification of a contract from the Navy to supply aircraft components.
BUSINESS
August 14, 1986
The settlement required Litton Systems, a unit of Beverly Hills-based Litton Industries, to pay the federal government $6,128,997 for filing 300 false claims with the Defense Department. The payment settled the company's civil liability that resulted from its July 15 guilty plea to criminal charges that it inflated the price of materials during contract talks with the Pentagon. The settlement brings Litton's payment in the case to $15.32 million.
BUSINESS
July 28, 1992 | From Staff and Wire Reports
A federal judge in Los Angeles said Monday that a unit of Litton Industries illegally shifted computer costs to military accounts, handing the company a major setback in its effort to fend off a $500-million whistle-blower lawsuit. U.S. District Judge Mariana R. Pfaelzer found that the cost accounting system used by Litton Systems Inc. of Woodland Hills was illegal under federal procurement laws. The ruling to define issues in the case was issued Thursday and made public Monday.
BUSINESS
April 18, 1995
Litton Systems Inc., the Woodland Hills-based maker of defense guidance systems, said it has received $4 million from Herley Industries Inc. of Lancaster, Pa., as part of a legal settlement involving a dispute over trade secrets. The company said it sued Herley in Superior Court in Essex County, Mass., in April, 1992, alleging that Herley was using microwave-tube technology belonging to Litton.
BUSINESS
July 28, 1992 | From Staff and Wire Reports
A federal judge in Los Angeles said Monday that a unit of Litton Industries illegally shifted computer costs to military accounts, handing the company a major setback in its effort to fend off a $500-million whistle-blower lawsuit. U.S. District Judge Mariana R. Pfaelzer found that the cost accounting system used by Litton Systems Inc. of Woodland Hills was illegal under federal procurement laws. The ruling to define issues in the case was issued Thursday and made public Monday.
BUSINESS
June 14, 1989
Litton Systems Inc. in Van Nuys won a $156.9-million modification of a Navy contract to provide 12 tactical air operations systems for the Marine Corps and 13 of the systems for the Air Force. The modified contract also includes related equipment, spares, and training. In addition, the company won a $23.8-million modification of a contract from the Navy to supply aircraft components.
BUSINESS
June 13, 1989
Litton Systems in Van Nuys won a $156,997,840 modification of a Navy contract to provide 12 tactical air operations systems for the Marine Corps and 13 of the systems for the Air Force. The modified contract also includes related equipment, spares parts and training. In addition, the company won a $23,898,500 modification of a contract from the Navy to supply aircraft components.
BUSINESS
June 6, 1989
Litton Systems, Woodland Hills, won a $3,896,378 contract from the Navy to design, develop, test and deliver communications equipment.
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