Litton Industries, once a major defense contractor and electronics manufacturer, had a pension plan that provided retirement benefits to its employees. However, after the company was acquired by Northrop Grumman in 2001, the pension plans were subject to changes and restructurings. Employees and retirees may have faced adjustments to their benefits, depending on the specifics of the acquisition and subsequent corporate policies. For detailed and current information, it's advisable to consult official resources or financial statements from the company.
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