Violation Tracker Individual Record

Company: 
Lockheed Martin Corporation
Current Parent Company: 
Lockheed Martin
Penalty: 
$1,407,834
Year: 
2003
Date: 
January 23, 2003
Primary Offense: 
False Claims Act
Violation Description: 

Lockheed Martin Corporation agreed to pay $1,407,834 to settle allegations that Lockheed's predecessor, Loral Corporation, defrauded the government on a Department of the Air Force contract.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Civil Division
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
Maryland
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
aerospace and military contracting
Specific Industry of Parent: 
aerospace & military contracting
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.