Lockheed Martin Unit Forfeits $27.5 Million for Overbilling
A defense contractor producing products and services for U.S. troops in Iraq and Afghanistan agreed on Friday to repay the government $27.5 million to settle overbilling charges brought under the False Claims Act.
The Justice Department announced on Friday that Lockheed Martin Integrated Systems overbilled the Pentagon for work performed by employees who “lacked required job qualifications” but whose work was billed at the rate for qualified ones, allegedly to inflate profits.
“Contractors that knowingly bill the government in violation of contract terms will face serious consequences,” said acting Assistant Attorney General Joyce Branda. “The department will ensure that those who do business with the government, and seek taxpayer funds, do so fairly and in accordance with the applicable rules.”
The subsidiary of Bethesda, Md.-based Lockheed Martin Inc., has a Rapid Response contract and a Strategic Services Sourcing contract with the U.S. Army Communications and Electronics Command to deliver products and services to troops overseas.
http://www.govexec.com/contracting/2014/12/lockheed-martin-unit-forfeits-275-million-overbilling/101844/
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under qualified & over billed contractors back into Iraq.
Thus the revolving door of where our tax $$ have gone.
