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BUSINESS
December 29, 1986
Torrance-based Logicon named Dan B. Wallace vice president and general manager of the firm's operating systems division, which is headquartered in Fairfax, Va. Wallace had been a vice president of Chase, Rosen and Wallace Inc., a Logicon subsidiary acquired in 1985. Wallace also will serve as president of CRW, succeeding Teague Richmond, who recently retired.
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BUSINESS
September 9, 2003 | From Bloomberg News
A former executive at a Northrop Grumman Corp. subsidiary aided and abetted accounting fraud at Legato Systems Inc., a California software company, the Securities and Exchange Commission alleged in a lawsuit filed Monday in San Francisco. Vincent Steckler, a former Logicon Inc. vice president, helped Legato sales executives prematurely book revenue on a sale to Logicon when Logicon, a Herndon, Va.-based defense contractor, was not committed to paying for the software, the SEC said.
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NEWS
November 1, 1987
After a protracted negotiation period, the Los Angeles Community Redevelopment Agency has approved a contract with a group of developers to build an 11-story office building--the largest in San Pedro's downtown redevelopment area. The contract, approved at the CRA's board meeting Wednesday, calls for a 240,000-square-foot building, including 15,000 square feet of retail space, with an adjacent parking garage for 785 cars, at the corner of 6th and South Palos Verdes streets.
CALIFORNIA | LOCAL
July 24, 2002 | NANCY VOGEL, TIMES STAFF WRITER
California repealed a much-disputed $95-million computer software contract with Oracle Corp. on Tuesday and will lose no money under the deal, according to Gov. Gray Davis and officials with the state attorney general's office. The agreement with Oracle and Logicon Corp. puts an end to a broad six-year contract that was supposed to save money but instead became a political embarrassment for Davis, and another chapter in the state's long history of bungled information technology purchases.
NEWS
March 14, 1985
A high-ranking U.S. State Department official, speaking to a breakfast meeting of the South Bay Assn. of Chambers of Commerce in Torrance on Tuesday, reviewed the Reagan Administration's arguments for continued production of the MX missile from a national and global perspective. But on the eve of a congressional vote that may decide the fate of the $16.5-billion project, it was clear that the chambers' members were interested in more than theories on nuclear deterrence.
BUSINESS
June 6, 1985
Logicon Inc. received a $4.7-million Navy contract for Tomahawk cruise missile nuclear safety analyses.
BUSINESS
January 10, 1990
Logicon Inc. in San Pedro won a $5,444,252 contract from the Defense Nuclear Agency for research work.
BUSINESS
July 2, 1988
Logicon Inc.'s RDA unit said the Defense Nuclear Agency awarded it a four-year, $2.2-million follow-on contract to develop and install operations-oriented database software and graphics for NATO's battlefield information targeting system.
BUSINESS
July 22, 1985
Logicon President John R. Woodhull estimated that the defense firm will earn $2.2 million to $2.4 million in its fiscal first quarter ended June 30, up from $1.84 million last year. Woodhull attributed the increase to growth in all of the Torrance-based firm's divisions.
BUSINESS
September 30, 1988 | RALPH VARTABEDIAN, Times Staff Writer
Logicon Corp., a Torrance-based defense contractor, conducted a lobbying campaign against arms control legislation during 1987 and billed the expense of the campaign to a Department of Energy contract, Rep. John D. Dingell (D-Mich.) charged during a hearing Thursday.
CALIFORNIA | LOCAL
May 15, 2002 | NANCY VOGEL, TIMES STAFF WRITER
E-mails and testimony released Tuesday in a legislative hearing on the state's $95-million Oracle software contract show that the salesmen involved limited what they told state officials on the assumption that "giving too much information can only be a bad thing." In a third day of Joint Legislative Audit Committee hearings on the matter, lawmakers reviewed internal e-mails of Logicon Corp.
CALIFORNIA | LOCAL
May 5, 2002 | NANCY VOGEL, TIMES STAFF WRITER
Angered by accusations that their company played a secret, conflicted role in crafting the state's $95-million Oracle software contract, Logicon executives said Saturday they would join efforts to rescind the agreement. Logicon's offer could help ease California's exit from a deal that state auditors have criticized as one-sided and unnecessary and that has become a political liability for Gov. Gray Davis. With legislative hearings set to resume Monday, Davis and executives of Oracle Corp.
BUSINESS
May 6, 1997 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
Northrop Grumman Corp. announced Monday that it will buy Torrance-based Logicon Inc., which provides advanced information and training systems for the military and corporations, in a stock swap valued at roughly $750 million. The merger would give Northrop Grumman's modest information technology operation the potential to be a key contender in this rapidly growing segment of the defense industry, where companies battle to make weapons smarter and warriors better trained.
BUSINESS
January 10, 1990
Logicon Inc. in San Pedro won a $5,444,252 contract from the Defense Nuclear Agency for research work.
BUSINESS
September 30, 1988 | RALPH VARTABEDIAN, Times Staff Writer
Logicon Corp., a Torrance-based defense contractor, conducted a lobbying campaign against arms control legislation during 1987 and billed the expense of the campaign to a Department of Energy contract, Rep. John D. Dingell (D-Mich.) charged during a hearing Thursday.
BUSINESS
July 2, 1988
Logicon Inc.'s RDA unit said the Defense Nuclear Agency awarded it a four-year, $2.2-million follow-on contract to develop and install operations-oriented database software and graphics for NATO's battlefield information targeting system.
BUSINESS
September 9, 2003 | From Bloomberg News
A former executive at a Northrop Grumman Corp. subsidiary aided and abetted accounting fraud at Legato Systems Inc., a California software company, the Securities and Exchange Commission alleged in a lawsuit filed Monday in San Francisco. Vincent Steckler, a former Logicon Inc. vice president, helped Legato sales executives prematurely book revenue on a sale to Logicon when Logicon, a Herndon, Va.-based defense contractor, was not committed to paying for the software, the SEC said.
BUSINESS
May 6, 1997 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
Northrop Grumman Corp. announced Monday that it will buy Torrance-based Logicon Inc., which provides advanced information and training systems for the military and corporations, in a stock swap valued at roughly $750 million. The merger would give Northrop Grumman's modest information technology operation the potential to be a key contender in this rapidly growing segment of the defense industry, where companies battle to make weapons smarter and warriors better trained.
NEWS
November 1, 1987
After a protracted negotiation period, the Los Angeles Community Redevelopment Agency has approved a contract with a group of developers to build an 11-story office building--the largest in San Pedro's downtown redevelopment area. The contract, approved at the CRA's board meeting Wednesday, calls for a 240,000-square-foot building, including 15,000 square feet of retail space, with an adjacent parking garage for 785 cars, at the corner of 6th and South Palos Verdes streets.
BUSINESS
December 29, 1986
Torrance-based Logicon named Dan B. Wallace vice president and general manager of the firm's operating systems division, which is headquartered in Fairfax, Va. Wallace had been a vice president of Chase, Rosen and Wallace Inc., a Logicon subsidiary acquired in 1985. Wallace also will serve as president of CRW, succeeding Teague Richmond, who recently retired.
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