November 25, 2014
New York's Metropolitan Transportation Authority and Lockheed Martin Corp. traded their last barbs Tuesday in federal court, with the MTA saying evidence established Lockheed breached its $300 million security technology contract "beyond doubt" and Lockheed telling the court to conclude it was wrongfully terminated by the MTA.
November 14, 2014
A New York federal judge on Friday criticized Lockheed Martin Corp. and New York's Metropolitan Transportation Authority for their roles in an ill-fated security technology project that is now at the center of a $300 million legal dispute.
November 07, 2014
Ex-New York Police Commissioner Howard Safir testified Thursday that the $300 million security technology system Lockheed Martin Corp. promised the city's Metropolitan Transportation Authority "does not even come close" to meeting its requirements and, in many respects, "does not function at all."
October 06, 2014
Lockheed Martin and New York's Metropolitan Transportation Authority traded blame Monday for an ill-fated, $300 million security technology project, with the corporate giant saying government dithering was at fault and the MTA countering that the company schemed to pull the plug to avoid costs tied to its own failures.