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ARCHIVEARCHIVED EVENT BRIEFLAST CHANGED Nov 7, 2026, 1:02 AM
ECONOMY • UNITED STATES

Lockheed Martin to pay $29.5 million to settle federal probe

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Lockheed Martin will pay $29.5 million to settle a federal probe concerning its diversity efforts, according to The Wall Street Journal. The report says the administration used a law intended to police government contractors in its investigation.

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Why it matters

The settlement involves a major U.S. government contractor and could affect the company and federal oversight of contractors. The supplied article does not specify any effect on government services, contracts or workers.