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Europe Daily Bulletin No. 7932

26 March 2001
Contents Publication in full By article 28 / 46
GENERAL NEWS / (eu) eu/competition
Green light to take-over of Litton Industries by Northrop Grumman

Brussels, 26/03/2001 (Agence Europe) - The European Commission authorised Northrop Grumman to take control of Litton Industries. The Commission had no objections to the operation as the activities of the two Americans partners are, to a large extent complementary and the overlaps very limited. Both present in the production and supply of high technology products aimed at the government and military applications, Northrop is more specialised in the integration of systems in the military...

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