TRACOR INC /DE
10-C, 1996-06-21
SEARCH, DETECTION, NAVAGATION, GUIDANCE, AERONAUTICAL SYS
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<PAGE>   1

                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                   FORM 10-C

                Report by Issuer of Securities Quoted on NASDAQ
                          Interdealer Quotation System

  Filed Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
                      and Rule 13a-17 or 15d-17 thereunder

                                  TRACOR, INC.
                 (Exact name of issuer as specified in charter)

                     6500 TRACOR LANE, AUSTIN, TEXAS 78725
                    (Address of principal executive offices)

        Issuer's telephone number, including area code:  (512/926-2800)

                   I.  CHANGE IN NUMBER OF SHARES OUTSTANDING
         Indicate any change (increase or decrease) of five percent or more in
the number of shares outstanding:

1.       Title of security:       COMMON STOCK

2.       Number of shares outstanding before the change:    13,323,345

3.       Number of shares outstanding after the change:     21,590,780

4.       Effective date of change:  JUNE 13, 1996

5.       Method of change:  Specify method (such as merger, acquisition,
exchange, distribution, stock split, reverse split, acquisition of stock for
treasury, etc.):  ACQUISITION FOR STOCK

         Give brief description of transaction:  ACQUISITION OF WESTMARK
SYSTEMS, INC. ("WESTMARK") BY TRACOR, INC.  TRACOR EXCHANGED 8,267,435 SHARES
OF STOCK FOR SUBSTANTIALLY ALL OF THE ASSETS OF WESTMARK.

                        II.  CHANGE IN NAME OF ISSUER
                               Not applicable.

Date:  June 13, 1996                               TRACOR, INC.

                                          By: /s/ RUSSELL E. PAINTON        
                                             ----------------------------------
                                             Name:  Russell E. Painton      
                                                  -----------------------------
                                             Title: Vice President     
                                                   ----------------------------




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