United Launch Alliance, the Centennial-based rocket company, will pay the U.S. government $432,826 to settle a lawsuit brought by a former employee alleging the government overpaid for space launches by tens of millions of dollars because of inflated ULA labor cost estimates.
The lawsuit was brought by Joshua Scott, who worked at the company's Centennial headquarters, and filed under a federal whistle-blower law meant to help the government identify fraud and recover money.
ULA, a joint venture of Lockheed Martin Corp. and Boeing Co., is the largest space-launch contractor for the U.S. military and intelligence agencies.
Scott alleged that ULA's over-estimates resulted in cost inflation in excess of $90 million paid to ULA for launches between 2006 and 2013. He will receive $82,237 out of the $432,826 settlement.
ULA admitted no wrongdoing in settling the case, said Jessica Rye, a ULA spokeswoman.
Read more at the Denver Business Journal: http://bit.ly/2AMPC5h
