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Lockheed Asks U.S. to Revoke Boeing Deals

From Reuters

Lockheed Martin Corp. has asked the Air Force to revoke at least four Boeing Co. contracts valued at more than $6 billion, Lockheed said, boosting the stakes in a widening procurement scandal.

Included were the development of a small-diameter bomb valued at as much as $2 billion and an upgrade to the C-130 Hercules cargo plane valued at more than $4 billion, a Lockheed spokesman said.

Two other deals were for classified work that Lockheed cannot discuss, the spokesman said, fleshing out what the company sought last week in protests sparked by ex-Air Force official Darleen Druyun, who had told a federal judge she had improperly steered business to Boeing.

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