Lockheed Martin

NJ GOPer In 'Rentboy' Scandal Put On Leave From Lockheed Martin

Jillian Rayfield | November 8, 2011, 10:57AM

In the latest fallout from his alleged "Rentboy" scandal, Republican Mayor Chris Myers of Medford, NJ was put on administrative leave from his day job at Lockheed Martin.

Read more »

PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)
Topics: Chris Myers, Lockheed Martin, New Jersey, Rentboy.com

Defense Contractors

Pentagon Paid Billions To Defense Contractors Who Defrauded Clients

Ryan J. Reilly | February 3, 2011, 8:46AM

Over a three year period, the Defense Department spent hundreds of billions of dollars on defense contractors who paid millions in civil fines to resolve fraud cases -- and even spent $682 million on 30 contractors who were convicted in criminal fraud cases.

That's according to a report prepared by the Pentagon thanks to a provision in their spending bill by Sen. Bernie Sanders (I-VT) that requires them to prepare a report on the fraud committed by contractors. The latest report covers fiscal years 2007 through 2009, and says that the government paid $270 billion to 91 various contractors who were involved in civil fraud cases that resulted in judgments of more than $1 million.

Read more »

PERMALINK | COMMENTS | RECOMMEND RECOMMEND (1)
Topics: Bernie Sanders, Defense Contractors, Defense Department, Lockheed Martin, Northrop Grumman