Business: Big Deal for Lockheed

It took more than three years of negotiations and, finally, a contractual stipulation that there had been "no bribery offered to a Canadian government official in connection with this program." With that disclaimer, Lockheed Aircraft Corp. and Canadian officials last week signed, on the second try, a $697 million deal under which Canada will buy 18 Orion-type planes for North Atlantic patrol and antisubmarine warfare. The sale is the biggest ever made in export markets by the floundering American manufacturer, and provides a badly needed boost to Lockheed's order book and its morale. For Canada, it is the first step in...

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