Defense contractor

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.
Lockheed Martin Announces Voluntary Layoff ProgramLockheed Martin has announced a voluntary layoff program for about 6,500 U.S.-based employees.
Lockheed Martin Hit By Cyber AttackHackers 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.