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Lockheed Martin

Morrison & Foerster LLP

True Facts About False Claims: MoFo's FCA Newsletter - July 2024

Designed for busy in-house counsel and compliance professionals, this newsletter seeks to bring you up to speed on key federal and state False Claims Act (FCA) developments, with links to primary resources. Each quarter, we...more

The Wagner Law Group

Pension Risk Transfers and the Continuing Concern About Buying a Pig in a Poke

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Pension risk transfers (“PRTs”) continue to make the news. And well they should. Last year alone, over $100 billion in liabilities were transferred from defined benefit pension plans to insurance companies. And the trend...more

Bricker Graydon LLP

Pension Risk Transfer Considerations and Recent Litigation - A Case of Imprudent “Passing the Buck” or Sound Risk Management?

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Over the last several years, numerous large pension plan sponsors have transferred billions of dollars in financial risk related to their pension plan benefit obligations to insurance companies through the purchase of group...more

Sherman & Howard L.L.C.

Lockheed Martin's Reorganization adds to the Competition in Commercial Space Exploration

Lockheed Martin is reorganizing its business into three different divisions: (i) commercial, civil sector focusing on space exploration, infrastructure, and new scientific projects; (ii) national security space sector,...more

Wiley Rein LLP

Federal Circuit Holds That the Air Force’s Unilateral Price Definitizations Were Not Government Claims

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WHAT: On April 25, 2023, the United States Court of Appeals for the Federal Circuit issued a decision in Lockheed Martin Aeronautics Co. v. Secretary of the Air Force, No. 2022-1035, holding that the Contracting Officer’s...more

Cozen O'Connor

FTC Objects to $4.4 Billion Acquisition of Defense Contractor, Citing Antitrust Concerns

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The FTC sued the world’s largest defense contractor, Lockheed Martin Corporation, and Aerojet Rocketdyne Holdings, Inc., the last independent U.S. supplier of missile propulsion systems, to block Lockheed Martin’s proposed...more

Cadwalader, Wickersham & Taft LLP

FTC Sues to Block Lockheed’s Proposed Acquisition of Aerojet Rocketdyne in Milestone Defense Industry Vertical Challenge

The Federal Trade Commission (“FTC”) filed suit yesterday to block Lockheed Martin Corporation’s proposed $4.4 billion acquisition of Aerojet Rocketdyne Holdings Inc., announced back in December 2020. Aerojet, the last...more

Allen Matkins

California Environmental Law & Policy Update - December 2020 #3

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Biden picks North Carolina environmental chief to lead EPA - Associated Press – December 17 - President-elect Joe Biden this Thursday selected Michael S. Regan to serve as Administrator of the U.S. Environmental...more

U.S. Equal Employment Opportunity Commission...

Lockheed Martin to Pay $115,000 to Settle EEOC Disability / Retaliation Discrimination Lawsuit

Aerospace Giant Refused to Reasonably Accommodate Employee with Disability, Federal Agency Charged - WASHINGTON – Lockheed Martin Corporation and Lockheed Martin Enterprise Operations have agreed to pay $115,000 and...more

Robins Kaplan LLP

Financial Daily Dose 3.17.2020 | Top Story: The Bear Market Roars, with Markets Falling nearly 13% as Whole Sectors of US Economy...

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As Americans [way-too] slowly come to the realization that COVID-19 is a very real and very present threat, the business world is changing around them at a staggering pace. Stocks nosedived again on Monday, with the three...more

Faegre Drinker Biddle & Reath LLP

Whither Roberti? The Cockroach Precedent - An Exercise in Magical, Wishful Thinking

Amateur philosophers, bar flies, and eulogists, among others, are known to wistfully observe that nothing dies so long as it is remembered and discussed. That’s a comforting sentiment when it comes to loved ones and legacies,...more

Dorsey & Whitney LLP

Fifth Circuit Affirms: Res Judicata Bars FCA Retaliation Suit

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Last week, the U.S. Court of Appeals for the Fifth Circuit considered an appeal from the Eastern District of Louisiana, which dismissed appellants’ FCA retaliation claims based on res judicata. Res judicata, or “claim...more

Benesch

3D Printing Quarterly Report - Q4 2018

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Mass manufacturing set to be next step in 3D printing, experts say - There is a sense mass production is the next big thing in 3D printing and Christoph Schell, President 3D Printing & Digital Manufacturing at HP, lent...more

PilieroMazza PLLC

Weekly Update Newsletter - February 2019 #3

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GOVERNMENT CONTRACTING - The General Services Administration (GSA) implemented a new process in SAM that allows non-federal entity registrants to submit common federal government-wide Representations and Certifications for...more

Pillsbury Winthrop Shaw Pittman LLP

Proposals Should Carefully Address Pending Corporate Deals

Lockheed Martin’s recent success in overcoming GAO protests shows that fully explaining a transaction in the works can be a key proposal element. The GAO has denied three protests of a high-profile contract award to...more

McNees Wallace & Nurick LLC

Compensation: Is it Becoming Employers’ Greatest Vulnerability?

A few weeks ago, a jury in New Jersey federal court found that Lockheed Martin discriminated against a former employee. The employee claimed that Lockheed violated federal and state laws by discriminating against him on the...more

Burr & Forman

Did the FAR Lose Its Mojo in the Government Contracts World? Depends

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It’s not everyday that you read about one of your longtime heroes, the Federal Acquisition Regulations (“FAR”), losing some of its mojo. The Nash & Cibinic Report read as follows: “The FAR: Does It Have Contractual Force and...more

Troutman Pepper

Hail to . . . The Contracting Officer in Chief? - Donald Trump, Lockheed Martin and the Art of the Government Deal

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The art of the deal in government contracts is much more complex than in the private sector because public policies and principles attach to the use of public funds. President Donald Trump has made his federal...more

Clark Hill PLC

New Jersey Jury Awards $51 Million in Age Discrimination Case: A Shocking Reminder for Employers to Tread Carefully

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On January 26, 2017, a federal jury sitting in Camden, New Jersey awarded 66 year old Robert Braden a whopping $51.1 million in damages against his former employer Lockheed Martin Corporation. Mr. Braden was not a high-level...more

Polsinelli

Expecting the Unexpected: Federal Procurement Under Trump

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Federal contractors (and their lawyers) have spent much of the past two months trying to anticipate how federal procurement law and policy may change under the incoming Trump Administration. The first factor to note, which...more

Pillsbury Winthrop Shaw Pittman LLP

Warning Shot Fired (Finally) at Improper DCAA Cost Disallowance Basis

For a number of years, contractors have been required to expend substantial sums challenging baseless legal theories initiated by the Defense Contract Audit Agency (DCAA) and rubber-stamped by the Defense Contract Management...more

Davis Wright Tremaine LLP

Trump Victory Complicates Lockheed Martin’s F-35 Contract Dispute

During his presidential campaign, President-elect Donald Trump made clear his misgivings over Lockheed Martin’s F-35 program. During an interview on the Hugh Hewitt radio show, Mr. Trump asked “[w]hen they say that [the...more

Pillsbury Winthrop Shaw Pittman LLP

Environmental Case Law Update

“Summer’s lease hath all too short a date.” Many important environmental and administrative law decisions were reported by the federal and state courts over the past six months. The courts are dealing with very...more

Stinson LLP

Location, Location, Location: Personal Jurisdiction in Products Liability Lawsuits

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As every manufacturer, distributor, advertiser, or retailer of consumer products likely knows, the location where a lawsuit is brought can have a large impact on the ultimate resolution of the matter. Whether because of...more

Pillsbury - Gravel2Gavel Construction & Real...

Unique Ruling Regarding Joint CERCLA Liability and Government Contracting Law and Practices

Lockheed Martin Corporation, one of the largest defense contractors in the United States, operated three California facilities that manufactured solid-propellant rockets for the United States Department of Defense pursuant to...more

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