Litton Industries
| Litton Industries Inc.
|
|
|---|---|
 |
|
| legal form | Inc. |
| founding | 1953 |
| resolution | 2001 |
| Reason for dissolution | Acquisition by Northrop Grumman |
| Seat |
Beverly Hills , California , United States
|
| Number of employees | ~ 130,000 |
| Branch | Defense industry |
| Status: 1969 | |
Litton Industries was an American defense company that operated as a highly diversified conglomerate in the 1960s .
history
In 1953, Charles Bates Thornton bought a company that manufactured electron tubes from the Californian engineer Charles Litton . With the takeover of the company, Thornton also bought a patent for magnetrons , which were installed in radar systems, among other things. An initial supply of radar tubes to the Department of Defense created a number of large orders from the US military. Through the manufacture of magnetrons, Thornton came to the manufacture of microwave ovens , which also use magnetrons to generate electromagnetic fields. In the 1950s, Litton Industries bought several smaller US companies that were active in the field of technologically interesting - especially electronic - products. The shipyards Ingalls Shipbuilding was incorporated in the consolidated 1,961th In 1967 the company acquired Stouffer Foods Corporation, which manufactured frozen foods and owned a number of 45 hotels. By acquiring many companies from a wide variety of industries, Litton Industries became the largest manufacturer of electronic control systems for aircraft in the 1960s, the second largest manufacturer of cash registers, and a leading manufacturer of calculating machines and manual typewriters in the United States. The German typewriter manufacturer Triumph-Adler was acquired in 1968.
Falling profits caused Litton Industries to streamline its corporate structure in the 1970s, so that in the 1980s the core business was again mainly focused on arms production. In 2001, Litton Industries was acquired by Northrop Grumman .
Web links
Individual evidence
- ↑ a b spiegel.de: Company Litton - Aus der Röhre , accessed on March 26, 2020
- ^ Fundinguniverse.com: Litton Industries, Inc. History , accessed March 26, 2020
- ^ Britannica.com: Litton Industries, Inc. , accessed March 26, 2020
- ↑ news.northropgrumman.com: Northrop Grumman Announces Completion of Merger with Litton Industries Inc. , accessed March 26, 2020