Commercial electronics, TASC acquisition help Litton earnings in 1998
Strong performance by commercial electronics and the acquisition of TASC Inc. helped Litton Industries Inc., Woodland Hills, Calif., post 12% higher income of $181.4 million during its 1998 fiscal year. Earnings in 1997 were $162 million. In the same period, sales grew 5%, improving from $4.2...
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