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Lockheed Awarded $37M In Suit V. L-3 Unit

Law360, New York (May 26, 2009) -- A federal jury has awarded nearly $37.3 million to Lockheed Martin Corp. after finding an L-3 Communications Corp. unit misused Lockheed’s trade secrets and breached licenses by refurbishing foreign P-3 propeller aircraft.

After a three-week trial, the jurors of the U.S. District Court for the Northern District of Georgia on Thursday determined that L-3 Communications Integrated Systems LP should pay $30 million...

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