Lockheed Martin, F-35

Lockheed Martin will pay Pentagon millions over F-35 overcharging allegations
WASHINGTON – The maker of the U.S. military’s state-of-the-art stealth fighter jet agreed to pay nearly $30 million to settle allegations that it overcharged the Pentagon to produce and maintain the plane, the Justice Department announced Thursday.
Lockheed Martin Corporation Agrees to Pay $29.74 Million to Settle False Claims Act Allegations of Defective Pricing
Lockheed Martin Corporation Agrees to Pay $29.74 Million to Settle False Claims Act Allegations of Defective Pricing
DOJ orders Lockheed Martin to pay $30M over defective pricing on F-35 contracts
The Department of Justice announced it reached a settlement with Lockheed Martin stemming from allegations of "defective pricing on contracts for F-35 military aircraft." The deal comes days after Attorney General Pam Bondi was confirmed by the Senate,
Lockheed Martin settles US allegations of defective pricing on F-35 contracts
U.S. defense contractor Lockheed Martin Corporation has agreed to pay $29.74 million to settle allegations of defective pricing on contracts for F-35 military aircraft, the U.S. Justice Department said on Thursday.
Lockheed Martin spends $30 million to settle F-35 overcharge dispute
Lockheed Martin has agreed to pay nearly $30 million to settle allegations that it failed to disclose accurate pricing data on contracts for its F-35 fighter jet.
Lockheed Settles F-35 Whistleblower Pricing Suit For $29.7 Million
Lockheed Martin has agreed to pay $29.7 million to settle a lawsuit filed by a whistleblower over allegations of illegal pricing on F-35 production and sustainment contracts, the Justice Department says. The agreement closes an eight-year-old case brought by Patrick Girard, a former senior staff...
Lockheed Martin to pay Defense Department $40M in settlement over inflated pricing proposals
Lockheed Martin has agreed to pay approximately $40 million to the U.S. Department of Defense to settle allegations that it provided false information to secure larger contracts for its F-35 fighter jets,
Is Lockheed Martin (LMT) the Best Industrial Stock to Invest in Now?
We recently published a list of 10 Best Industrial Stocks to Invest in Now. In this article, we are going to take a look at ...
Hosted on MSN1h
Lockheed Martin validates satellite design for USSF’s MUOS SLE
Lockheed Martin and Boeing were selected for the Phase I of the MUOS extension programme in 2024, focusing on early design ...
Financial Crime Weekly: Former Celsius VP Pleads Guilty To Insider Trading, Lockheed Martin Pays Nearly $30 Million Settlement
Former Celsius Holdings vice president and controller pleads guilty to securities fraud related to insider trading. Lockheed ...
Lockheed Martin to add up 300 jobs in Titusville after winning Navy missile contract
The company also will be building a $140 million, 225,000-square-foot advanced manufacturing facility in Titusville for the ...
Lockheed Martin Has Headwinds in 2025
RTX and Lockheed Martin are both great buys for dividend growth investors, but one is moving higher now, and the other is preparing for a rebound.
Lockheed Martin Reports Mixed Results
Lockheed Martin reported mixed Q4 2024 earnings, with a record backlog but lower-than-anticipated figures due to classified ...
Space on MSN2d
Lockheed Martin X-59 QuessT With Quiet SuperSonic Technology
Lockheed Martin's X-59 QuessT with quiet SuperSonic Technology. The X-59 will reduce the loudness of a sonic boom. Credit: ...
Executive Gov4d
Lockheed Demos OSIRIS 5G System Capabilities in USMC Exercise
Follow Lockheed Martin's progress on developing the 5G Open Systems Interoperable and Reconfigurable Infrastructure Solution ...