Software maker Command wins $24.8 million judgment against Lockheed

mardi 26 novembre 2013

Command Technology Inc, a privately held firm that developed electronic maintenance manuals for Lockheed Martin Corp's F-16 fighter jet, has won a $24.8 million judgment against the Pentagon's biggest supplier after a jury found Lockheed guilty of unfairly competing with the smaller firm. Command Technology, which is based in Groton, Connecticut, makes similar software for many other U.S. weapons systems, but sued Lockheed after being shut out of the work on the 4,500 F-16 fighter jets that have been sold to the U.S. military and two dozen other countries around the world. A jury in the Circuit Court of Maryland for Montgomery County, where Lockheed is based, concluded after a week long trial that Lockheed competed unfairly with and injured Command, according to a verdict sheet filed late Monday with the court. The jury also found Lockheed "torturously interfered" with Command's economic relationships.



via Business News - Yahoo Finance http://finance.yahoo.com/news/software-maker-command-wins-24-203545556.html

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