Lockheed Martin had inside track for $1.2bn satellite deal

Lockheed Martin Australia was handed a $1.2 billion satellite project by the government despite having a more expensive bid and lacking the experience of its only rival supplier, according to a procurement audit that also raises questions about a consultants’ report used to justify the entire project.

The deal, signed in September 2022, stemmed from informal conversations between government officials and the US defence and aerospace giant half-a-decade earlier …

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