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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
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.
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 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 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,
6h
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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 ...
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5h
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 ...
8h
Lockheed Martin (LMT) Gets a Buy from Citi
In a report released on February 7, Jason Gursky from Citi maintained a Buy rating on Lockheed Martin (LMT – Research Report), with a price ...
9h
Here's How Much You Would Have Made Owning Lockheed Martin Stock In The Last 20 Years
Lockheed Martin LMT has outperformed the market over the past 20 years by 2.23% on an annualized basis producing an average annual return of 10.64%. Currently, Lockheed Martin has a market ...
9d
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 ...
13d
Lockheed Martin cautious on 2025 profit view, shares sink 8%
Lockheed Martin on Tuesday forecast it will make less profit than expected in 2025, as the top U.S. defense company grapples ...
4d
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.
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2d
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: ...
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F-35
United States Department of Defense
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