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Posts Tagged ‘Lockheed Department of Justice’

Lockheed Settles False Claims Act Case For $15.85M

Lockheed Martin Corp. will pay the U.S. government $15.85 million to resolve claims that Tools and Metals, Inc., a subcontractor, inflated the cost of military aircraft tools that it sold to Lockheed Martin between 1998 and 2005. Lockheed Martin then passed on the overpriced tools to the U.S. pursuant to its various government contracts, according to a Department of Justice Press Release.

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