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A Lockheed Martin Corp. (LMT) report found that the aerospace and defense giant must fix quality control and management problems at its Space & Strategic Missiles Sector.
Corrective actions recommended in the report are underway and include strengthening management accountability for critical processes, improving senior management oversight, and beefing up the accountability of engineers for system hardware and software. The panel briefed senior management Aug. 30 on ways to improve launch vehicle reliability and THAAD...