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. Last Updated: 07/27/2016

Lockheed Charged




WASHINGTON -- The U.S. State Department has charged Lockheed Martin Corp. with violating U.S. export laws by giving a state-owned Chinese company data about satellite rocket technology that could be useful to China's missile program, The Washington Post reported Thursday.


The department told Lockheed Martin that it violated the Arms Export Control Act in a letter dated Tuesday and gave the largest U.S. defense contractor 30 days to respond to the civil charges. The Bethesda, Maryland-based company could be fined up to $15 million and barred from exporting satellites or satellite technology for up to three years.