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Lockheed's Commission Payments to Obtain Foreign Sales

PSAD-77-85 Published: Mar 15, 1977. Publicly Released: Mar 15, 1977.
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Highlights

Some aspects of the Lockheed Aircraft Corporation's foreign sales commission payments were examined to determine whether commissions were improperly charged to government contracts, the impact of disclosure of payments on sales, and the existence of outstanding commitments to foreign officials. Since disclosure of the payments, Lockheed has taken action to institute more effective controls.

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BriberyForeign governmentsForeign salesInternational tradePublic officialsSales promotionGovernment contractsSecuritiesHearingsMultinational corporations