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For Immediate Release
October 3, 1997

Contact:
BIS Public Affairs
(202) 482-2721

COMMERCE DEPT. FINES LOCKHEED MARTIN $45,000 TO SETTLE CHARGES OF UNLICENSED EXPORTS TO SOUTH KOREA

WASHINGTON -- The Commerce Department today imposed a $45,000 civil penalty on Lockheed Martin Corporation (formerly Martin Marietta Corporation), to settle allegations that Martin Marietta exported graphic/epoxy prepreg material from the United States to South Korea, without obtaining the required validated export licenses, Frank Deliberti, acting assistant secretary for Export Enforcement, announced.

Prepreg material can be used, among other things, in missile delivery/reentry systems and is controlled for reasons of national security and nuclear nonproliferation. The Department alleged that on nine occasions between March 11, 1992, and June 3, 1994, Martin Marietta Corporation exported graphite/epoxy prepreg material from the United States to South Korea without obtaining the required Bureau of Export Administration validated export licenses. Lockheed Martin voluntarily disclosed the alleged violations to the Department.

Commerce's Office of Export Enforcement Washington Field Office investigated the case.

Commerce's Bureau of Export Administration administers and enforces export controls for reasons of national security , foreign policy, nonproliferation and short supply. Criminal penalties, as well as administrative sanctions, can be imposed for violations of the regulations.

Note

In April of 2002 the Bureau of Export Administration (BXA) changed its name to the Bureau of Industry and Security(BIS). For historical purposes we have not changed the references to BXA in the legacy documents found in the Archived Press and Public Information.

  

                          

 
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