Gould Inc, Rolling Meadows, Illinois, and Westinghouse Electric Corp have broken off talks over the sale of Gould’s Systems Protection Division in Philadelphia, to Westinghouse, without explaining why, and Gould will now try to sell the business to its management, on terms similar to those agreed in principle with Westinghouse. The planned sale is part of Gould’s previously announced plan to divest its defence systems businesses in order to reduce debt and strengthen its balance sheet. Conclusion of the sale, which is expected to be completed within 90 to 120 days, is subject to, among other things, execution of a definitive agreement, completion of financing arrangments, customary regulatory approvals and approval by the Gould board. The division, which employs about 600 people, produces switchgear and circuit breakers for the protection of electrical systems on naval vessels.