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Lockheed Martin settles US allegations of defective pricing on F-35 contracts
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Lockheed Martin settles US allegations of defective pricing on F-35 contracts
Feb 6, 2025 3:32 PM

WASHINGTON, Feb 6 (Reuters) - U.S. defense contractor

Lockheed Martin Corporation ( LMT ) has agreed to pay $29.74

million to settle allegations of defective pricing on contracts

for F-35 military aircraft, the U.S. Justice Department said on

Thursday.

The payment is in addition to $11.3 million the company

previously paid to the Department of Defense for the same

undisclosed cost and pricing data on some of the same contracts,

the Justice Department added.

The allegations settled on Thursday were related to the U.S.

False Claims Act.

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