COMPANIES

Former Litton Executives Convicted: Two former executives of a Litton Industries Inc. unit in Southern California were convicted in federal court on felony charges of conspiring to obtain inside information about defense contract bids in 1987. Thomas D. McAusland, former vice president of business development for Litton Data Systems in Van Nuys, and Christopher M. Pafort, former director of business development for the unit, each faces a sentence of up to 35 years in prison and a fine of up to $1.5 million.