Free Joint Status Report - District Court of Federal Claims - federal

Case 1:00-cv-00129-FMA

Document 65

Filed 12/19/2003

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IN THE UNITED STATES COURT OF FEDERAL CLAIMS LOCKHEED MARTIN CORPORATION, Plaintiff, v. THE UNITED STATES, Defendant. ) ) ) ) ) ) ) ) )

No. 00-129C (Judge Allegra)

JOINT STATUS REPORT Pursuant to the Court's order dated November 19, 2003, the parties submit this joint status report. In our prior status reports, we reported that the parties had reached an agreement in principle that would resolve this matter in its entirety. The dispute in this case concerns the

cost accounting method by which plaintiff allocated certain computing costs to its operating segments for calendar years 1994 and 1995, and whether this method complied with the Federal Cost Accounting Standards. In order to resolve this case, plaintiff

has been negotiating and drafting a Memorandum of Understanding ("MOU") with the Defense Contract Management Agency defense corporate executive assigned to Lockheed Martin, assisted by the Defense Contract Audit Agency, regarding cost accounting methods to be used by Lockheed Martin in the future. This process is

continuing but has not yet produced a final MOU, which will then be submitted to the appropriate officials within the Department Accordingly, the

of Justice for their review and approval.

parties propose to file another status report to the Court in 30

Case 1:00-cv-00129-FMA

Document 65

Filed 12/19/2003

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days, unless a stipulation of dismissal is filed prior to that time. Respectfully submitted, PETER D. KEISLER Assistant Attorney General

s/ David M. Cohen DAVID M. COHEN Director

s/ Clarence T. Kipps, Jr. CLARENCE T. KIPPS, JR. MILLER & CHEVALIER, Chartered 655 15th Street, N.W. Suite 900 Washington, D.C. 20005 Tel: (202) 626-5800 Fax: (202) 628-0858 Attorney for Plaintiff

s/ Doris S. Finnerman DORIS S. FINNERMAN Attorney Commercial Litigation Branch Civil Division Department of Justice 1100 L Street, N.W. Attn: Classification Unit 8th Floor Washington, D.C. 20530 Tel: (202) 307-0300 Fax: (202) 305-7643 Attorneys for Defendant