Lockheed Martin Agrees to $29.5 Million Settlement Over Diversity Initiative Allegations
Lockheed Martin has agreed to pay $29.5 million to settle federal allegations that it considered race or sex in employment decisions related to its diversity initiatives. The U.S. Justice Department made the claims, which Lockheed Martin denies, stating no liability.
Cleveland Akron, OH, November 7, 2026 — Lockheed Martin Corporation has reached an agreement to pay $29.5 million to settle allegations brought forth by the U.S. Justice Department. The federal claims centered on concerns that the aerospace and defense company may have considered race or sex in its employment decisions, specifically in connection with its diversity initiatives.
The U.S. Justice Department initiated the claims against Lockheed Martin. These allegations suggested potential improprieties in how the company approached employment decisions within the framework of its diversity programs.
In response to the allegations, Lockheed Martin has agreed to the $29.5 million settlement. However, the company has maintained its position that it denies the claims made by the Justice Department. Lockheed Martin has stated that the settlement does not constitute an admission of liability on its part.
The specifics regarding the timeline of the alleged employment decisions and the particular diversity initiatives involved were not detailed in the available information. The resolution aims to conclude the federal government’s investigation into these matters.
Story summarized from the original created by Chris Pugh on www.cleveland.com, see more information here.
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