Why Lockheed Martin agreed to pay $29.5 million after a federal investigation

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Lockheed Martin agreed to pay about $29.5 million to resolve federal allegations involving workplace discrimination and employment practices tied to diversity initiatives. The company denied the allegations and did not admit liability. (AP Photo/Matt Dunham, File)

Lockheed Martin has agreed to pay about $29.5 million to settle federal allegations involving its workplace diversity programs. The defense contractor was accused of considering race or sex in some employment decisions while certifying that it followed federal anti-discrimination requirements, according to the U.S. Justice Department. The claims are allegations, and there has been no finding that the company is liable.

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