| | | LTV Aerospace Corporation | Beautifully engraved SCARCE SPECIMEN certificate from the LTV Aerospace Corporation. This historic document was printed by the American Banknote Company in 1969 and has an
ornate border around it with a vignette of an allegorical man with wings and space equipment. This item has the printed signatures of the Company’s President and Secretary. This is the first time we have had this certificate for sale.
Certificate Vignette
Chance Vought Corporation, Chance Vought Aircraft (a division of United Aircraft Corporation), Vought-Sikorsky, and Chance Vought Aircraft Inc. Chance Vought Aircraft merged in 1961 with Ling-Temco and in 1965 the LTV Aerospace Corporation was formed as a subsidiary of Ling-Temco-Vought Inc. Later, that conglomerate became the LTV Corporation. During the years from 1961 to 1992, LTV's aerospace and defense business was known by a number of other names, including Vought Aeronautics (a division of LTV Aerospace Corporation), Vought Systems Division, Vought Aero Products Division, LTV Aircraft Products Group, and the Aircraft Division of the LTV Aerospace and Defense Company. In August of 1992 as one of the terms of its emergence from bankruptcy, LTV sold the Aircraft Division to The Carlyle Group, a Washington, D.C.,-based private investment company, and Northrop Corporation, an aerospace and defense company. The Carlyle Group in 1994 sold its 51 percent interest to Northrop Grumman after the Northrop and Grumman corporations merged that year. From 1994 to 2000, the entity was an operating unit of Northrop Grumman, most recently as a part of the Integrated Systems and Aerostructures Sector.
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