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

Case 1:00-cv-00129-FMA

Document 63

Filed 11/19/2003

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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 October 20, 2003, the parties submit this joint status report. In our prior status report, 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. The parties expect to

agree upon the terms of the MOU in the near future. This proposed agreement has not yet been approved by the appropriate officials within the Department of Justice. Accordingly, the parties propose to file another status report to

Case 1:00-cv-00129-FMA

Document 63

Filed 11/19/2003

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the Court in 30 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) 514-8624 Attorneys for Defendant