Lockheed's Motion To Toss Antitrust Suit Denied

Law360, New York (September 30, 2008, 12:00 AM EDT) -- A federal judge on Monday denied Lockheed Martin Corp.'s motion to dismiss an antitrust lawsuit alleging the company engaged in anti-competitive conduct in the market for refurbishment of large propeller aircraft called the P-3, used by governments and militaries around the world.

Texas-based L-3 Communications Integrated Systems LP sued Lockheed Martin in the U.S. District Court for the Northern District of Texas in February 2007, accusing the aviation giant of illegal tying and restraint of trade. A year later Lockheed moved to dismiss L-3's lawsuit, asserting...
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