Special charges cut into Litton's 1999 earnings
Litton Industries Inc. earned $120.6 million on revenues $4.83 billion in its 1999 fiscal year, compared to earnings of $181.4 million and sales of $4.40 billion in 1998, the company reported. Earnings in 1999 were hit by a $77.4 million after-tax special charge related to decisions to review...
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