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LOGICON REPORTS THIRD QUARTER, NINE-MONTH RESULTS

 LOS ANGELES, Jan. 26 /PRNewswire/ -- Logicon Inc. (NYSE: LGN) today announced results for the third fiscal quarter and nine months which ended Dec. 31, 1992. Net income in the third quarter was $4.0 million, or 53 cents per share, on revenues of $87.0 million. In the comparable period a year ago, the company reported net income of $3.5 million, or 45 cents per share, on revenues of $76.0 million.
 For the first nine months of fiscal 1993, the company reported net income of $11.2 million, or $1.47 per share, on revenues of $240.5 million, compared with net income of $9.8 million, or $1.27 per share, on revenues of $217.8 million for the first nine months of fiscal 1992.
 Logicon is a leader in providing advanced technology systems and services to support national security, civil and industrial needs.
 LOGICON INC.
 Summary
 Three Months Ended Dec. 31,(a)
 1992 1991
 Revenues $86,983,000 $76,024,000
 Income before
 taxes on income 6,401,000 5,771,000
 Net income 3,962,000 3,536,000
 Earnings per share $.53 $.45
 Average shares outstanding 7,448,000 7,825,000
 Nine Months Ended Dec. 31,(a)
 1992 1991
 Revenues $240,527,000 $217,816,000
 Income before
 taxes on income 18,090,000 15,948,000
 Net income 11,195,000 9,811,000
 Earnings per share $1.47 $1.27
 Average shares outstanding 7,595,000 7,708,000
 (a) Unaudited.
 -0- 1/26/93
 /CONTACT: John C. Tuffy or Derek Sullivan of Logicon Inc., 310-373-0220, ext. 260/
 (LGN)


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

JB-KJ -- LA011 -- 8932 01/26/93 09:05 EST
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Publication:PR Newswire
Date:Jan 26, 1993
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