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Lockheed to pay $15.9M in false claims settlement

Lockheed Martin Corporation will pay $15.85 million to settle allegations that one of its contractors sold "perishable tools" on government contracts, according to a release from the Department of Justice.

Tags: DoJ , Todd Loftis , Tools & Metals Inc. , Stuart Delery , contracting , False Claims Act

Friday - 03/23/2012, 12:33pm EDT