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Violation Tracker Individual Record

Company: Lockheed Martin Corporation
Current Parent Company: Lockheed Martin
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $1,407,834
Year: 2003
Date: January 23, 2003
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
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 Current Parent: USA
HQ State of Current Parent: Maryland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: aerospace and military contracting
Specific Industry of Current Parent: aerospace & military contracting
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.