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Aerospace

August 24, 1994|From Times Staff and Wire Reports

Lockheed Unit's Export Rights Suspended: The State Department took the action against Lockheed Aeronautical Systems Co., citing previous charges of illegal payments to a member of the Egyptian Parliament. The subsidiary, based in Marietta, Ga., is part of Lockheed Corp.'s aeronautical systems group, which produces fighter-bombers and transport aircraft and systems for anti-submarine warfare and reconnaissance. The group had $6 billion in sales last year. The unit's primary export is the C-130 Hercules aircraft.

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