Stories about: Logicon

Joe Neuhaus sometimes felt as if he were riding a whirlwind as the CTO of Prime Advantage, a business-to-business ecommerce marketplace provider in a sector experiencing one of the more spectacular flameouts of the tech downturn. The sector has seen ambitious plans to create revolutionary Internet-based buying and selling models instead lead only to bankruptcy for many companies. But Prime Advantage has weathered three rounds of layoffs and is looking for acquisitions to improve its position.

Joe Neuhaus sometimes felt as if he were riding a whirlwind as the CTO of Prime Advantage, a business-to-business ecommerce marketplace provider in a sector experiencing one of the more spectacular flameouts of the tech downturn.

Call it the "quid" without the "pro quo." In a grand bargain over the past few years, the government has allowed the eight dominant local carriers - the seven original Bells plus GTE Corp. - to shrink to four in exchange for written promises to begin competing with one another.

It's April Fool's Day, 2002. Glitches in air traffic controller screens nearly cause a collision above New York's LaGuardia Airport. Two weeks later, California Independent System Operator Corp., which controls California's power grid, somehow misplaces an electrical energy order to Southern California Edison, leaving two-thirds of San Diego in the dark. Then in May, a high-power microwave burst fries the electronics at an abortion clinic in Virginia.

FRAMINGHAM (09/22/2000) - 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..

Northrop Grumman Corp. continued its march upon the federal information technology marketplace with its US$150 million cash purchase of Sterling Software (U.S.) Inc. and may well have other companies in its sights, analysts say.

SAN FRANCISCO (09/18/2000) - Computer Associates International Inc. has agreed to sell part of its Sterling Software International Inc. subsidiary to Northrop Grumman Corp., a U.S. defense contractor, for US$150 million in cash, Northrop Grumman said Monday.

Los Angeles-based defense contractor Northrup Grumman announced today that it has agreed to purchase Computer Associates International's Sterling Software for US$150 million.

Los Angeles-based defense contractor Northrup Grumman Corp. announced today that it has agreed to purchase Computer Associates International Inc.'s Sterling Software Inc. for $150 million.

In a move to bolster its place in the government information technology market, Northrop Grumman Corp. announced Wednesday that it had signed an agreement to acquire Federal Data Corp., a systems integrator and software solutions provider.

C. Harlan Johnston has chosen president and chief executive officer of Wang Government Services Inc., and Intelysis Electronic Commerce Inc. Wednesday named Christopher Wagner as its president and CEO.