Budget Talks Have Major Defense Contractors on Edge

When an expensive unmanned aircraft built by Lockheed Martin Corporation, a U.S. defense contractor, disappeared during a U.S. military test flight off the Pacific coast earlier this month, the debacle raised eyebrows. The incident also raised criticism that the U.S. government is spending millions on hefty defense contracts to pay for technology that does not … Continue reading “Budget Talks Have Major Defense Contractors on Edge”

Allegations of Fraud Scheme at Kuwaiti Pentagon Contractor

The Sultan family of Kuwait runs a variety of businesses alleged to be at the heart of a scheme to overcharge the U.S. military by as much as a billion dollars over the last seven years. The company is currently scheduled to face criminal arraignment on Feb. 8 in Atlanta, Ga. Federal criminal investigators say … Continue reading “Allegations of Fraud Scheme at Kuwaiti Pentagon Contractor”