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LOGICON BOARD RENEWS SHARE PURCHASE AUTHORIZATION

 LOGICON BOARD RENEWS SHARE PURCHASE AUTHORIZATION
 LOS ANGELES, April 6 /PRNewswire/ -- Logicon Inc. (NYSE: LGN)


announced today that its board of directors has renewed the authorization to repurchase shares of the company's common stock in open market transactions.
 The company said that it is authorized to spend up to $10 million to repurchase additional shares of its stock.
 The company reiterated its strong belief in the long term value of the shares. The closing price per share on April 3, 1992, was $16.75. There are approximately 7.5 million shares of Logicon common stock outstanding.
 Logicon is a leader in providing advanced technology systems and services to support national security, civil and industrial needs.
 -0- 5/6/92
 /CONTACT: John Tuffy of Logicon, 310-373-0220/
 (LGN) CO: Logicon Inc. ST: California IN: ARO SU:


DM-CH -- LA017 -- 5428 04/06/92 14:20 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 6, 1992
Words:143
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