Litton Industries’ profit rose 94% to $138.1...

Litton Industries’ profit rose 94% to $138.1 million for the year ended July 31. Fourth-quarter earnings were up 18% to $35.4 million from the year-ago period. The Beverly Hills technology conglomerate said last year’s results were depressed by after-tax charges of $98.9 million in its resources exploration and advanced electronics units.