AEROSPACE

Lockheed Said to Be Eyeing Settlement: The Calabasas-based aerospace giant is exploring ways to settle charges that it violated federal laws in selling aircraft to Egypt in 1989, according to a source familiar with the talks. One prospect is that Lockheed would plead guilty to conspiring to make improper payments to an intermediary to help it sell three C-130 transport planes to Egypt, as a grand jury in Atlanta alleged last June, the source said. That could result in Lockheed paying several million dollars in fines and penalties, the source added. Meanwhile, the U.S. Attorney’s office in Atlanta said Allen R. Love, an ex-Lockheed official who was indicted with the company, pleaded guilty Friday to a charge of aiding and abetting Lockheed in making the alleged payoff.