November 21, 2007
The U.S. Dept. of Justice has announced it will intervene in a qui tam suit filed against Lockheed Martin Corp. and its supplier, Tools & Metals Inc.
The suit alleges that TMI overcharged for manufacturing tools sold to Lockheed Martin, which resulted in Lockheed Martin submitting false claims to the Defense Department from January 1998 through February 2006.
Lockheed is also alleged to be independently liable for TMI’s violation of the FCA due to its reckless oversight of TMI, according to a November 19, 2007 Dept. of Justice press release.