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LOGICON REPORTS FISCAL 1993 RESULTS

 LOS ANGELES, May 27 /PRNewswire/ -- Logicon Inc. (NYSE: LGN) today reported net income of $15.5 million, or $2.04 per share on revenues of $325.1 million for the company's fiscal year which ended March 31, 1993. In the prior fiscal year the company reported net income of $13.5 million, or $1.74 per share, on revenues of $299.1 million.
 Fourth quarter net earnings for fiscal year 1993 were $4.3 million, or 57 cents per share on revenues of $84.5 million. The company reported net earnings of $3.7 million, or 47 cents per share, on revenues of $81.3 million in the fourth quarter of fiscal year 1992.
 Logicon is a leader in providing advanced-technology systems and services to support national security, civil and industrial needs.
 LOGICON INC.
 Financial Summary
 Three Months Ended Fiscal Year Ended
 March 31(a), March 31,
 1993 1992 1993 1992
 Revenues $84,545,000 $81,329,000 $325,072,000 $299,145,000
 Income before
 taxes on
 income 7,106,000 2,649,000 25,196,000 18,597,000
 Net income 4,270,000 3,682,000 15,465,000 13,493,000
 Earnings per share $.57 $.47 $2.04 $1.74
 Average shares
 outstanding 7,480,000 7,809,000 7,566,000 7,733,000
 (a) Unaudited
 -0- 5/27/93
 /CONTACT: John C. Tuffy of Logicon, 310-373-0220/
 (LGN)


CO: Logicon Inc. ST: California IN: CPR SU: ERN

BP-JL -- LA013 -- 2792 05/27/93 09:05 EDT
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Publication:PR Newswire
Date:May 27, 1993
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