Rare LITTON INDUSTRIES Working Proof (Northrop Grumman)
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- Backordered, shipping soon
- Guaranteed authentic document
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Product Details
Company
Litton Industries, Inc.
Certificate Type
Working Proof of the company's Floating Subordinated Bond
Time Period
1990's
Printer
American Bank Note Company
Format & Approximate Size
This proof is adhered to a 12" x 8 1/2" piece of cardboard. The proof is protected by a "flip up" clear protective layer.
Images
You will receive the exact proof pictured as it is the only one of it's kind. The first picture shows the proof with the thick protective plastic layer and a thinner editing layer lying atop the piece. The second picture shows the thin editing layer atop the proof with the thick protective layer pulled up and out of the way. The third picture shows only the proof with both the protective and editing layers pulled up and out of the way. The fourth picture shows the back of the cardboard with various notations and approvals.
Guaranteed Authentic
Yes
Additional Details
Fascinating piece of financial history from this American defense contractor that specialized in shipbuilding, aerospace, electronic components, and information technology. The company was founded in 1953 and was named after inventor Charles Litton Sr., who was also an early investor in the company.
During the 1960s, the company began acquiring many unrelated firms and became one of the largest conglomerates in the United States. At its peak, in addition to many defense-related companies, it also owned both Royal Typewriters and Adler, Moffat major appliances, Stouffer Corporation foods and hospitality, and various office equipment and furniture companies.
Like many conglomerates, the company suffered significant declines in the 1970s, selling off many of its unrelated brands and had largely returned to its defense roots by the 1980s. The company continued to shrink after the ending of the Cold War and by the late 1990s was a corporate takeover target. The company was purchased by Northrop Grumman in 2001.
Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.