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LOGICON ANNOUNCES CLAIM SETTLEMENT

 LOS ANGELES, Oct. 5 /PRNewswire/ -- Logicon Inc. (NYSE: LGN) announced today that the company and the United States government representatives have settled a $9 million claim the company had filed with the United States Court of Federal Claims. The claim was related to work performed on a fixed-price development contract to provide air traffic control training systems. The settlement will result in approximately $3.4 million in net income, or 45 cents per share, and will be included in the company's second fiscal quarter which ended on Sept. 30, 1993.
 Logicon is a leader in providing advanced technology systems and services to support national security, civil and industrial needs.
 -0- 10/5/93
 /CONTACT: Ralph L. Webster of Logicon, 310-373-0220/
 (LGN)


CO: Logicon Inc. ST: California IN: AIR SU:

JL-MF -- LA008 -- 8676 10/05/93 07:45 EDT
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Publication:PR Newswire
Date:Oct 5, 1993
Words:138
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