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Lockheed Martin $29.5M Diversity Settlement

Wall Street Journal US Business •
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Lockheed Martin has agreed to pay $29.5 million to settle a federal probe conducted during the Trump administration. The investigation utilized a novel application of a law designed to police U.S. government contractors regarding diversity efforts. The settlement resolves the government's scrutiny of the company's practices under this specific legal framework.

Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing