Lockheed Martin receives a $70 million Navy contract modification to redesign key components for the F-35.
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STRATFORD, Conn. (AP) — Two Lockheed Martin subsidiaries have agreed to pay the federal government $70 million for overcharging the Navy for aircraft parts, the U.S. Department of Justice announced Friday. The federal agency says Sikorsky Support Services, based in Stratford, Connecticut, and Derco Aerospace, headquartered in Milwaukee, Wisconsin, knowingly entered into an improper subcontract […]
Lockheed Martin receives a $70 million Navy contract modification to redesign key components for the F-35.
The Navy awarded Lockheed Martin a $39 million contract modification for material and sustainment services supporting the F-35.
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Lockheed (LMT) is set to provide engineering design, development and production support to the U.S. Navy.
This week’s properties are a three-bedroom in Weston, Conn., and a five-bedroom in Stony Brook, N.Y.