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Pentagon and Lockheed / Moss #2881

ABC Evening News for Tuesday, Oct 07, 1969
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(Studio) Study begins on C-5A and its maker, Lockheed.
REPORTER: Howard K. Smith

(DC) Representative John Moss studies charges of fraud and conspiracy between Air Force representatives and Lockheed execs, Probe also to study extent of misrep. in Lockheed financial reports filed with SEC, He'll also study Pentagon representatives who told House, hearing of cover ups of Lockheed losses over C-5A dvt, Assistant Air Force Secretary, Robert Charles cited memo showing financial troubles. Stock sold at higher prices than value at time of sale. Moss wants to see if Pentagon and Lockheed collaborated. Lockheed stock dropped.

(Studio) Lockheed spokesperson says Company welcomes studies.
REPORTER: Howard K. Smith

Gill, Bill;
Smith, Howard K.

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