Electronics Businesses News

Northrop Grumman Corporation’s (NYSE: NOC) board of directors has elected Stephen D. Yslas, 61, corporate vice president and general counsel effective Jan. 1, 2009. Yslas succeeds W. Burks Terry who is retiring Dec. 31, 2008. In his new role, Yslas will be responsible for oversight of all of the company's legal matters. He will report to Ronald D. Sugar, the company's chairman and chief executive officer, and become a member of the company's Corporate Policy Council. The board also elected Joseph F.

Northrop Grumman Corp. named Robert Iorizzo as president of the Electronic Sensors and Systems Sector group, the company's largest business. Iorizzo replaces James Roche, who was confirmed by the U.S. Senate as secretary of the U.S. Air Force. The change was made effective immediately, Northrop said. Iorizzo previously served as vice president and general manager of the sector's Command, Control, Communications, Intelligence and Naval Systems division. The sensors and systems business has expanded recently with Northrop's acquisition of Litton Industries Inc. Litton's $1.6 billion advanced electronics businesses was integrated into Northrop's operation and the division is now expected to generate 2001 revenues of $4.5 billion.