Logicon Sweeps Up Sterling, Wins Research Deal
NOV. 1 ? Northrop Grumman Corp.'s Logicon Inc. Oct. 31 completed the acquisition of Sterling Software Inc.'s Federal Systems Group for $150 million in cash.
By Jennifer Freer, Staff Writer
NOV. 1 ? Northrop Grumman Corp.'s Logicon Inc. Oct. 31 completed the acquisition of Sterling Software Inc.'s Federal Systems Group for $150 million in cash.
Sterling Software Inc., a subsidiary of Computer Associates International Inc., Islandia, N.Y., is the second recent purchase for Logicon. The company announced Sept. 6 it was buying Federal Data Corp. of Bethesda, Md., for $302 million in cash and debt assumption.
The FDC and Sterling acquisitions will push Logicon over the $2.1 billion level in annual revenue. In 1999, Logicon, Herndon, Va., hit $1.44 billion in revenue.
Sterling's Federal Systems Group, McLean, Va., provides IT services to federal government's defense and intelligence agencies, and had 1999 revenue of $159 million.
"The acquisition of Sterling's Federal Systems Group strengthens our position in the federal IT market, particularly with the Department of Defense and its tactical communications and intelligence initiatives," said Herb Anderson, corporate vice president and Logicon president and chief executive officer.
Meanwhile, Logicon also won a one-year, $250,000 Air Force Research Lab contract to investigate Wireless Information Network Cyber Defense.
The research lab's Wireless Information Network Cyber Defense program examines areas such as fusion of information, communication, collaborative environments, modeling and simulation, wireless network security and availability of information.
The research will help identify criteria needed to detect intrusions in the wireless environment of the tactical communications grid, and develop an attack model and a recovery model, said Paul Zavidniak, technical lead for Logicon's intrusion detection and forecasting research.
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