Class Action Lawsuit Filed Against Lockheed Martin Corporation

Strategic Insights -

A class action lawsuit has been filed against Lockheed Martin Corporation, a leading defense contractor, alleging that the company made false and misleading statements about its business and operations. The lawsuit, filed by Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, seeks to recover damages on behalf of investors who purchased Lockheed Martin securities between January 23, 2024, and July 21, 2025.

Key Takeaways:

  • The lawsuit alleges that Lockheed Martin lacked effective internal controls, including the reporting of risk-adjusted profit booking rate, and overstated its ability to deliver on contract commitments in terms of cost, quality, and schedule.
  • The company is accused of making materially false and misleading statements about its business, operations, and prospects during the Class Period.
  • Investors who suffered losses in Lockheed Martin have until September 26, 2025, to request that the Court appoint them as lead plaintiff.
  • Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits, with a track record of recovering hundreds of millions of dollars for investors nationwide.

Statistics:

  • January 23, 2024, to July 21, 2025 (the Class Period) - The period during which Lockheed Martin allegedly made false and misleading statements about its business and operations.
  • $100,000,000+ - The amount recovered by Bronstein, Gewirtz & Grossman, LLC for investors nationwide.
  • 332-239-2660 - The phone number to contact Bronstein, Gewirtz & Grossman, LLC for more information.

Sources:

  • Bronstein, Gewirtz & Grossman, LLC (www.bronsteinlaw.com)
  • New York Business Journal (no date specified)
  • GLOBE NEWSWIRE, "ATTORNEY ADVERTISING CONDITION" (September 8, 2025)

Note: All date references are taken directly from the original text and are preserved as they appear in the source material.