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About POGO's Federal Contractor Misconduct Database (FCMD)
The government awards contracts to companies with histories of misconduct such as contract fraud and environmental, ethics, and labor violations. In the absence of a centralized federal database listing instances of misconduct, the Project On Government Oversight (POGO) is providing such data. We believe that it will lead to improved contracting decisions and public access to information about how the government spends hundreds of billions of taxpayer money each year on goods and services. Report an instance of misconduct »
Lockheed Martin
Defective Pricing (1998)
Date: 01/12/1998 (Date of Settlement)
Misconduct Type: Defective Pricing
Enforcement Agency: Defense – General
Contracting Party: Defense - General
Court Type: undisclosed/unknown
Amount: $7,870,177
Disposition: Settlement
Synopsis: According to a GAO report cited by Senator Harkin and Representative DeFazio, Lockheed Martin Control Systems Division paid $7,870,177 to settle allegations of defective pricing.
