Lockheed Martin units pay $70 mln to resolve allegations of overcharging, DOJ says-February 2024-www.financetom.com

Lockheed Martin units pay $70 mln to resolve allegations of overcharging, DOJ says

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Lockheed Martin units pay $70 mln to resolve allegations of overcharging, DOJ says

Jun 21, 2024 12:35 PM

WASHINGTON, June 21 (Reuters) - Sikorksy Support

Services and Derco Aerospace, both units of Lockheed Martin

Corp ( LMT ), have agreed to pay $70 million to resolve

allegations they overcharged the U.S. Navy for aircraft spare

parts and repair materials, the Justice Department said on

Friday.

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