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Defense contractor

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Md. Firm Pays $702K In Army Overbilling Case

A defense subcontractor based in Ijamsville is agreeing to a $702,000 settlement of federal charges it overbilled the Army for work on mobile communications systems.

01/11/2012

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Lockheed Martin Announces Voluntary Layoff Program

Lockheed Martin has announced a voluntary layoff program for about 6,500 U.S.-based employees.

07/19/2011

Lockheed Martin, located in Bethesda, is the U.S. government's largest defense contractor. In 2010, it grossed $45,189.0 million in revenue and ranked 44 on the Fortune 500 ranks, according to CNNMoney.com.

Lockheed Martin Hit By Cyber Attack

Hackers launched a “significant and tenacious” cyber attack on Lockheed Martin, a major defense
contractor holding highly sensitive information, but its secrets remained safe, the company said Saturday.

05/29/2011

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