Lockheed Martin has agreed to a $13-million settlement with the U.S. government over charges that the company violated arms export laws. The deal covers 30 charges concerning dealings with Hong Kong-based AsiaSat. Lockheed Martin was accused of transferring kick-motor technology to AsiaSat. With the agreement, Lockheed Martin is avoiding export restrictions. The company will pay $8 million in fines and $5 million to establish a computer control system to protect future technology exports. ...
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