Lockheed paid approximately $67 million to resolve claims by Burbank, CA residents regarding the treatment of local groundwater. “The settlement…resolved, without litigation, claims of personal injury and property damage asserted by the residents and alleged to be related to environmental contamination stemming from historical operations of the former facility. The Corporation settled the matter for business reasons after a lengthy mediation, without any admission of liability, notwithstanding its continuing position that the facility does not and has not posed a risk to the community.”