Co. Says Lockheed's Promise Of F-35 Work Was $7.6M Fraud

Law360, Washington (December 9, 2016, 12:41 PM EST) -- A former Lockheed Martin Corp. subcontractor accused the defense giant of fraud in a $7.6 million Texas federal court lawsuit Wednesday alleging Lockheed promised millions of dollars in work on the F-35 to meet small business participation requirements only to abandon the contract.

Full Circle Integration LLC said it was brought on explicitly to fulfill some of Lockheed's participation obligations to the U.S. government — FCI qualifies as a service-disabled veteran-owned small business because it's run by Native American and service-disabled veteran Paul Topp. But according to FCI, that didn't stop Lockheed from demanding a retroactive discount and then taking its...

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Texas Northern

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Torts/Pers Prop: Other Fraud

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Date Filed

December 7, 2016

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