December 14, 1995 |
Black & Decker Corp. said it will sell PRC Inc., an information technology and services unit, to Woodland Hills-based Litton Industries Inc. for $425 million. PRC, based in McLean, Va., provides computer systems integration as well as systems engineering, management consulting, software development and facilities management. It is expected to have 1995 sales of $720 million. Black & Decker said the sale will allow it to reduce debt and focus more on key businesses.
CALIFORNIA | LOCAL
March 30, 1999
PRC, a subsidiary of Litton Industries, Woodland Hills, was awarded $30 million in renewed contracts from the American Aerospace Defense Command/U.S. Space Command to provide intelligence systems support. Under the contract, Litton will design, install and service data management systems. Litton PRC, headquartered in McClean, Va., is a division of Litton Information Systems Group.
CALIFORNIA | LOCAL
June 1, 1999
PRC Inc., a subsidiary of Litton Industries, Woodland Hills, announced it has won a contract from Clark County, Nev., the city of Las Vegas and the Las Vegas Metropolitan Police Department to modernize the department's positive identification and information management systems. The project, which will integrate fingerprint and mug shot identification systems, is to be operational next year and predicted to be worth $18 million in 10 years. PRC is a division of Litton's Information Systems Group.
September 9, 1992
Robert B. Laurence has been elected president and chief executive of Novadyne Computer Systems Inc. in Santa Ana. Laurence was previously president of the commercial and international group of PRC Inc. in McLean, Va., a supplier of information systems and services. Before joining PRC, Laurence was founder and president of Oracle Complex Systems Corp. in Arlington, Va.
February 11, 1997
Litton Industries, a Woodland Hills defense contractor, was awarded a five-year, $11-million contract from the U.S. Navy's Sea Systems Command. The work will be done by PRC Inc., a Litton division, with the Navy's Virginia-based combat systems engineering division.
December 19, 1995
Litton Industries Inc., a Woodland Hills-based maker of electronic systems, has agreed to buy PRC Inc. from the Black & Decker Corp. for about $425 million in cash. PRC, based in McLean, Va., will have estimated 1995 sales of $720 million. PRC designs computer information systems for government and businesses. The purchase will allow Litton to produce the software for its electronic command systems in-house rather than hire subcontractors, said Litton spokesman Bob Knapp.