CA Sells Sterling's Federal Unit
- 23 September, 2000 12:01
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Los Angeles-based defense contractor Northrop Grumman Corp. said it has agreed to purchase the federal systems group of Islandia, N.Y.-based Computer Associates International Inc.'s Sterling Software Inc. subsidiary for US$150 million. Northrop Grumman said the Sterling unit will be incorporated into its Logicon Inc. unit in Herndon, Va., which had revenue of about $1.5 billion last year.
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