Law360, New York (January 24, 2011, 7:25 PM ET) -- Lockheed Martin Corp. has agreed to pay $2 million to settle a False Claims Act suit that accused the company of conspiring with other contractors to rig a bid for a $3.2 billion U.S. Navy contract.
The U.S. Department of Justice, which announced the settlement Monday, said Lockheed Martin would pay back the $2 million it received for work as a subcontractor providing support services for the National Center for Critical Information Processing and Storage at the Naval Oceanographic Office Major Shared Resource Center at the...
Lockheed Martin Settles Navy Contract Suit For $2M
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