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CALIFORNIA | LOCAL
March 19, 1996
. . . A Brea man pleaded guilty to persuading his employer, Northrop Corp., to award $600,000 in subcontract work for the top-secret Stealth bomber to an Orange County firm he secretly owned. The 56-year-old engineer also admitted selling parts to Northrop for inflated prices: $20 headphones, for example, cost Northrop $90. Source: Times archives
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BUSINESS
October 2, 1994
Regarding Hughes' and now Northrop-Grumman's decision to downsize its work force ("The Downsizing of Defense: Northrop-Grumman to Slash 8,650 Jobs," Sept. 23) as well as its business potential: When are the defense industries going to realize that their future lies in marketing products to the consumer, not to the bloated Pentagon bureaucracy? Japan during the 1960s, '70s and '80s got rich, filthy rich, by engineering, manufacturing and marketing a better automobile, stereo, television, VCR and Walkman, while our best engineering minds (Hughes, Northrop)
CALIFORNIA | LOCAL
May 6, 1991
So, the Advanced Tactical Fighter (F-22) and its $72 billion are flying to Georgia (front page, April 24) on the wings of Lockheed (Georgia), General Dynamics (Texas) and Boeing (Washington). Never mind that my California congressman, Democrat Mel Levine, is absent 77% of the time, stumping to win a Senate seat and couldn't care less about jobs. Never mind that Democrat Sen. Alan Cranston is on the lam for taking S&L money and, regardless, has never supported the California defense industry.
BUSINESS
June 24, 1985
Welko E. Gasich has been promoted to executive vice president-program management at Northrop Corp., Los Angeles, a newly created position. He previously was senior vice president for advanced projects. In his new position, he reports directly to Northrop's executive office, which consists of Chairman and Chief Executive Thomas V. Jones and Frank W. Lynch, president and chief operating officer. MGM/UA Entertainment Co.
NEWS
June 21, 1985 | PENNY PAGANO, Times Staff Writer
General Dynamics, responding to a recent bid by Northrop to sell the Air Force its F-20 fighter, said Thursday that it will offer the military a stripped-down version of its F-16C fighter for $2 million a plane less than its competitor. The move intensified the competition among the nation's defense contractors for Pentagon purchases at a time when a number of contractors face sharp criticism that they have grossly overcharged taxpayers.
BUSINESS
August 20, 1992 | DEAN TAKAHASHI, TIMES STAFF WRITER
Three creditors are trying to force a Japanese-owned real estate development company into bankruptcy proceedings, according to court papers. The creditors filed a petition against Taiyo Development USA Inc., which has offices in Torrance and Newport Beach. The creditors seek to place the company in involuntary bankruptcy proceedings, alleging that it owes them $917,000, according to a filing Aug. 14 in U.S. Bankruptcy Court in Santa Ana.
BUSINESS
July 19, 1987
While I appreciate the Los Angeles Times' concern with the House Armed Services Committee review of the procurement of the MX missile-guidance system, I must correct a rather substantial error in your July 1 story ("Some Allegations Against Northrop Called False"). I was quoted as calling Northrop's actions "dumb" during a committee hearing. In fact, I was referring to government contracting regulations when I used the word dumb. My exact words were: "We have a series of procedures that requires that the United States of America do business practice in a way that is so dumb nobody else would do it that way."
BUSINESS
September 26, 2009 | Julie Johnsson
The race to win one of the largest military deals ever awarded kicked off Friday, when Defense Department officials unveiled the arcane criteria they will use to purchase a fleet of aerial refueling tankers from Northrop Grumman Corp. or Boeing Co. But what was once a sprint has become a marathon as the Pentagon attempts for a fourth time to replace its fleet of 415 Eisenhower-era tankers through contracts expected to total more than $100 billion. The Air Force said it would be "crystal clear" in its requirements for new tankers to avoid errors from previous selection processes.
NEWS
December 24, 1987 | RALPH VARTABEDIAN, Times Staff Writer
The Navy on Wednesday selected General Dynamics Corp. and McDonnell Douglas Corp. to jointly develop a new attack jet, thus handing a defeat to Northrop Corp. and Grumman Corp. in a program that may be worth $35 billion over the next decade. The Navy announced few details of the award, but Navy officials had said earlier that it wants to buy about 450 of the jets, which will be based on aircraft carriers and fly long-range attack or bombing missions.
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