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. Last Updated: 07/27/2016

U.S. Probes Lockheed




LOS ANGELES -- A unit of aerospace giant Lockheed Martin Corp. is the focus of a Los Angeles federal grand jury probe of possible long-term illegal kickback activities involving sales of defense radar systems to foreign governments, according to a filing with the U.S. Securities and Exchange Commission.


Lockheed disclosed in a recent SEC filing that it received a federal subpoena on July 15 seeking documents relating to the 1990 sales of radar systems by its New Hampshire-based Sanders unit.


Neither the company nor the U.S. Attorney's Office in Los Angeles would elaborate on Lockheed's disclosure in the Aug. 4 SEC filing.


But a sour ce with knowledge of the subpoena's contents said the grand jury is seeking information that spans a much greater period - involving sales that may have begun before Lockheed purchased Sanders in 1986 and that may have continued long past 1990.


The grand jury also wants to know if the alleged illegal commission involved more than one client.


Officials at Bethesda, Maryland-based Lockheed Martin "do not believe we have violated any laws or regulations, and we continue to cooperate fully with the U.S. Attorney's Office'' in the probe, spokesman Lee Whitney said.