Lockheed Martin to Pay $29.74 Million to Settle Pricing Allegations

Reported about 16 hours ago

Lockheed Martin Corporation has agreed to pay $29.74 million to resolve allegations of defective pricing related to F-35 military aircraft contracts, following an earlier payment of $11.3 million for similar undisclosed costs. The settlement pertains to violations of the U.S. False Claims Act, as confirmed by the Justice Department.

Source: YAHOO

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