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Lockheed Martin subsidiaries reach $70 million settlement for claims they overcharged Navy for parts
![Andrew Harnik FILE - The Justice Department seal is seen, Nov. 18, 2022, in Washington. Two Lockheed Martin subsidiaries have agreed to pay the federal government $70 million for overcharging the Navy for aircraft parts, the U.S. Department of Justice announced Friday, June 21, 2024. (AP Photo/Andrew Harnik, File)](https://mapi.associatedpress.com/v2/items/ea7a30227261435fadc28c3ab07c947f/preview/preview.jpg?s=680x)
FILE - The Justice Department seal is seen, Nov. 18, 2022, in Washington. Two Lockheed Martin subsidiaries have agreed to pay the federal government $70 million for overcharging the Navy for aircraft parts, the U.S. Department of Justice announced Friday, June 21, 2024. (AP Photo/Andrew Harnik, File)
![Matt Dunham FILE - A man walks past a Lockheed Martin logo as he walks through a section of the company's chalet bridging a road at Farnborough International Airshow in Farnborough, southern England, July 19, 2006. Two Lockheed Martin subsidiaries have agreed to pay the federal government $70 million for overcharging the Navy for aircraft parts, the U.S. Department of Justice announced Friday, June 21, 2024. (AP Photo/Matt Dunham, File)](https://mapi.associatedpress.com/v2/items/e48a7f3061454eb383394d3375e0a761/preview/preview.jpg?s=680x)
FILE - A man walks past a Lockheed Martin logo as he walks through a section of the company's chalet bridging a road at Farnborough International Airshow in Farnborough, southern England, July 19, 2006. Two Lockheed Martin subsidiaries have agreed to pay the federal government $70 million for overcharging the Navy for aircraft parts, the U.S. Department of Justice announced Friday, June 21, 2024. (AP Photo/Matt Dunham, File)