Litton won't meet second quarter estimates

Litton Industries said cost savings will partially offset higher expenditures for two developmental programs in its Advanced Electronics unit, but not enough to meet second quarter estimates. Despite lower costs associated with the sale of Litton Enterprise Solutions (LES) business, higher pension...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.