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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…
Titan IV Rocket Billing Problems
Lockheed Martin Space Systems Company agreed to pay $10.5 million to settle a civil investigation into billing problems with its Titan IV rocket. According to Lockheed, the company voluntarily disclosed errors in billing requests from 1998 to 2001 after they were discovered during an internal review. The government alleges Lockheed obtained excessive interim payments, known as progress payments, by manipulating its billings.
- Misconduct Type
- Government Contract Fraud
- Enforcement Agency
- Defense – General
- Contracting Party
- Defense - Air Force
- Court Type
- Civil
- Disposition
- Settlement
- Date of Announcement
- 5/12/2008
