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Federal Contractor Misconduct Database (FCMD)
The federal government routinely awards contracts to companies with
histories of misconduct, including
…
contract fraud and other
violations. POGO believes that providing this website will help to
improve contracting decisions and increase public knowledge of how
the government spends billions of taxpayer dollars each year.
Read more…
Korea Supply Company v. Lockheed Martin (Bribery)
It is alleged that, in 1996, Loral Corporation (later acquired by Lockheed Martin and renamed Lockheed Martin Tactical Systems, Inc.) had given bribes and sexual favors to South Korean officials to win a contract for an aircraft radar system. The Korea Supply Company, which represented a competing bidder, sued Lockheed in California under the California Unfair Competition Law (“UCL”), claiming it lost out on a multi-million dollar commission due to Lockheed Martin’s alleged illegal conduct. After seven years of litigation, the parties settled the case. The terms of the settlement are confidential.
- Misconduct Type
- Ethics
- Enforcement Agency
- Non-Governmental
- Contracting Party
- International
- Court Type
- Civil
- Disposition
- Settlement
- Date of Opinion
- 3/3/2003