Word: litton
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Dates: during 1960-1969
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...party members (he is one) and scholars-two groups that do not always agree in Russia. Arbatov has, as he says, "done his homework" on the U.S. Currently he is doing some firsthand research by traveling in the U.S. and talking with journalists, businessmen (California's Norton Simon, Litton Industries' Charles-"Tex"-Thornton), and even U.S. Russia watchers (Columbia's Zbigniew Brzezinski, Harvard's Merle Fainsod). He participated in a discussion group of U.S. and Russian leaders in Rye, N.Y., and will travel to Washington, Boston and California before his return...
...sales in 1967. Many large U.S. companies have firm roots in the Stuttgart area. IBM-Germany is now Baden-Württemberg's third-largest enterprise, after Daimler-Benz and Bosch. International Telephone & Telegraph Corp. owns Standard Elektrik Lorenz electronics company, the state's fifth-largest firm. Litton Industries, Ampex, Perkin-Elmer, Hewlett-Packard, Bendix Corp. and Hughes International are represented through their German subsidiaries...
...Chrysler veteran who became president of North American Rockwell's commercial-products division last February. He calls his move "more a question of opportunity than of money." Opportunity, of course, usually beckons most strongly to those who consider themselves stymied in No. 2 jobs. A notable example is Litton Industries. With Chairman Charles B. ("Tex") Thornton, 55, and President Roy Ash, 49, showing no signs of yielding control, Litton has spawned a host of chief executives for other companies, including such "Lidos" (for Litton Industries dropouts) as Western Union's Russell McFall and City Investing...
...stuck with those eggs," says Bluhdorn. "But if you've also got apples and bananas, that's something else." Following that formula, Bluhdorn, James Ling of Ling-Temco-Vought, Harold Geneen of ITT and several others have traced the tracks of such conglomerate pioneers as Litton and Textron across industry lines into movies and machinery, aircraft and auto parts, cigars, cybernetics and clothing. Along the way, the conglomerates have stirred up what the Federal Trade Commission calls the "sharpest merger activity in modern industrial history...
...Litton Industries...