The Financial Impact of Shipbuilding Claims upon Litton Industries
Abstract
This paper analyzes the financial impact of shipbuilding claims on Litton Industries and its Ingalls Shipbuilding Division. It begins by reviewing the changing atmosphere within the U. S. shipbuilding industry from the late 1960s to the present and then considers how these changes influenced some of the major operational decisions made by Litton. The thesis continues with a discussion of eight major milestones which have occurred during the past ten years of dealings between the Navy and the Corporation. These milestones reflect as assessment of the events which impacted upon the financial stature of the Company. Although emphasis is placed upon the LHA claim, other claims are presented when pertinent. Finally, there is provided a discussion of lessons learned with attendant suggestions on preventing recurrences of the financial hardships suffered by the Navy and Litton/Ingalls.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1978
- Accession Number
- ADA062201
Entities
People
- Jerome V. Diekemper
Organizations
- Naval Postgraduate School