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Lockheed Martin Corporation's ( NYSE:LMT ) dividend will be increasing to US$2.80 on 27th of December. This will take... Lockheed Martin (NYSE:LMT) Will Pay A Larger Dividend Than Last Year At US$2.80
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In January 2011, Lockheed Martin agreed to pay the U.S. Government $2 million to settle allegations that the company submitted false claims on a U.S. government contract for that amount. The allegations came from a contract with the Naval Oceanographic Office Major Shared Resource Center in Mississippi.
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The Loughead Aircraft Manufacturing Company (originally founded as the Alco Hydro-Aeroplane Company) was an American company which designed and built aircraft.The founder, Allan Lockheed, went on to form the similarly named but otherwise unrelated Lockheed Aircraft Company in 1926, which would merge with Martin Marietta in 1995 to form today's Lockheed Martin.
A defense contractor is a business organization or individual that provides products or services to a military or intelligence department of a government.Products typically include military or civilian aircraft, ships, vehicles, weaponry, and electronic systems, while services can include logistics, technical support and training, communications support, and engineering support in cooperation ...
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.
While the formation of Lockheed Martin in 1995 was a merger of equals, by far the greatest contribution to Lockheed Martin Aeronautics was the product portfolio of Lockheed. This included the C-5 , C-130 , and C-141 transports as well as the F-2 , F-16 (purchased from General Dynamics ), F-117 , F-22 , and F-35 Lightning II .