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Coast Guard modernization program nearly $4 billion over budget

By Aaron Mehta

The Coast Guard’s ill-fated “Deepwater” program to modernize its fleet is $3.8 billion over budget and years behind schedule, despite modest

Excerpts from this story referencing "Lockheed Martin":

"… work was managed by Integrated Coast Guard Systems, a contractor formed by Lockheed Martin Corp. and Northrop Grumman Corp. specifically for the Deepwater project. A …"

National Archives electronic records system is years behind, millions over budget

By Laurel Adams

A major National Archives project to preserve and provide access to federal records, 10 years in the making, faces massive delays and cost o

Excerpts from this story referencing "Lockheed Martin":

"… al records, 10 years in the making, faces massive delays and cost overruns.Lockheed Martin, the contractor, was originally awarded a contract for $317 million in 200 …"

"… f 2011. The project is set up in a way that heavily favors the contractor, Lockheed Martin. Constant changes in project baselines means the contractor can easily rea …"

"… opment cost of the record system to be $317 million, the amount awarded to Lockheed Martin. It has since increased the estimated costs to $567 million, but the GAO e …"

New life for the F-22 Raptor

By Nick Schwellenbach

Faced with the potential of massive job losses and under heavy lobbying pressure earlier this year, the powerful House Armed Services Commit

Excerpts from this story referencing "Lockheed Martin":

"… ogram alive and move it above the 187-plane limit Gates announced in April.Lockheed Martin, the lead contractor making the F-22, spent almost $6.5 million lobbying C …"

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IG reports question management of contractors at nuclear sites

By Corbin Hiar

IGs highlight problems with contractor behavior at Sandia and K-25

Excerpts from this story referencing "Lockheed Martin":

"… owned by AT&T Inc. It is now a wholly owned subsidiary of defense firm Lockheed Martin Corporation. According to the report, Sandia does not have adequate contro …"

"… rent company.In a sample of 36 licenses, work, research, and contracts for Lockheed Martin, the inspectors could only find two clear instances where the required con …"

"… rviewed for the report also seemed unclear about how to properly deal with Lockheed Martin, in part due to a lack of training on the conflict of interest process.In …"

"… e, a contractor violated the NNSA-approved procurement system in extending Lockheed Martin’s sole-provider contract by eight years and $2 million “without Sandia …"

Close connections

By Anupama Narayanswamy

EPA pays at least three firms to clean up pollution they may have helped create

Excerpts from this story referencing "Lockheed Martin":

"… ords available, the Center found that the agency awarded contracts to Lockheed Martin Corp., Halliburton Company and a subsidiary of Tyco International Ltd. to …"

"… of the energy program at Public Citizen, a nonprofit public interest group.Lockheed Martin was the EPA's top contractor overall from fiscal years 1998 to 2005, recei …"

"… active and proposed sites on the Superfund list.In 1997, the EPA notified Lockheed Martin Tactical Systems Inc., a subsidiary of Lockheed Martin, that it considered …"

"… 7, the EPA notified Lockheed Martin Tactical Systems Inc., a subsidiary of Lockheed Martin, that it considered the company a potentially responsible party for the po …"

New report darkens reputation of Navy ship

By Aaron Mehta

The Littoral Combat Ship runs into choppy reviews.

Excerpts from this story referencing "Lockheed Martin":

"… GO’s letter, the USS Freedom, was built and designed in a team effort of Lockheed Martin and Marinette Marine Corp at a cost of $357.5 million. A different design, …"

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Another $250 million drink for missile defenses

By Aaron Mehta

An ill-fated program set for termination at the end of 2013 gets new funding

Excerpts from this story referencing "Lockheed Martin":

"… le Germany provided 25 percent and Italy 17 percent. The venture is led by Lockheed Martin, in collaboration with a German firm, LFK-Lenkflugkörpersysteme, and the …"

GAO: Missile defense initiative faces continuing challenges

By Aaron Mehta and Zach Toombs

GAO says programs still not following 'best practices.'

Top defense oversight staffer received $1.6 million payout from Lockheed Martin

By Zach Toombs

Staffer for the Senate Armed Services committee is a veteran lobbyist for the defense industry.

Excerpts from this story referencing "Lockheed Martin":

"… -Ariz., worked for more than a decade as a vice president and lobbyist for Lockheed Martin before leaving in Jan. 2011, according to a financial disclosure she made& …"

"… e received $1.6 million in compensation last year, Sauer holds no stock in Lockheed Martin.Her former employer has repeatedly drawn the ire of government watchd …"

"… he single most costly military program in U.S. history. A spokesperson for Lockheed Martin did not return request for comment on Sauer’s appointment.Sauer is not a …"

Lawmakers complain about monopoly space launch deal

By Zach Toombs

The top house intelligence committee lawmakers say the Air Force is about to spend too much on one of its favorite contractors.

Excerpts from this story referencing "Lockheed Martin":

"… e, a joint project formed in 2006 by the Pentagon’s top two contractors, Lockheed Martin and Boeing. The Air Force plans to award the $19 billion deal between June …"

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