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Lockheed Martin Fined $15.85 Million for Taxpayer Rip-off

“It is troubling that a large defense contractor with long-established contractual ties with the United States failed to undertake appropriate measures to ensure the integrity and validity of the costs it submitted to the United States,” said Stuart F. Delery, Acting Assistant Attorney General for the Justice Department’s Civil Division. It is more troubling that seven years of fraud when revealed took another seven years for the Federal government to resolve. Continue reading

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