Group Calls For Pullout From Lockheed's Missile Project

Law360, New York (March 27, 2012, 5:17 PM EDT) -- Citizens Against Government Waste on Monday urged the U.S., Germany and Italy to pull out of a multibillion-dollar missile defense project contract with Lockheed Martin Corp. and others, arguing the program was plagued with massive cost overruns and delays.

The group released a report recommending a multilateral withdrawal from the Medium Extended Air Defense System project to replace aging missile defense systems in the U.S., Germany and Italy. It said the MEADS program is 10 years behind schedule and suffers from cost overruns of nearly $2...
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