Lockheed Martin Securities Class Action Lawsuit Deadline Approaching

Strategic Insights -

Pursuant to a class action filed on behalf of investors who purchased or acquired Lockheed Martin Corporation securities between January 23, 2024 and July 21, 2025, the September 26, 2025 deadline for filing a lead plaintiff motion is quickly approaching. The lawsuit alleges that the company made false and misleading statements about its business, operations, and prospects during the class period, resulting in significant losses for investors. The complaint claims that Lockheed Martin lacked effective internal controls, failed to disclose material adverse facts, and overstated its ability to deliver on contract commitments.

Key Takeaways:

  • The lawsuit alleges that Lockheed Martin made false and misleading statements about its business, operations, and prospects during the class period, resulting in significant losses for investors.
  • The complaint claims that the company lacked effective internal controls, failed to disclose material adverse facts, and overstated its ability to deliver on contract commitments.
  • The lawsuit covers investors who purchased or acquired Lockheed Martin securities between January 23, 2024 and July 21, 2025.
  • The deadline for filing a lead plaintiff motion is September 26, 2025.
  • Investors who wish to learn more about the lawsuit or request appointment as lead plaintiff can contact Glancy Prongay & Murray LLP at 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 or via email at .
  • The lawsuit does not require action from investors, and they may retain counsel of their choice or take no action and remain an absent member of the class action.

Statistics:

  • $80 million: the losses recognized by Lockheed Martin on a classified program at its Aeronautics business segment "due to higher than anticipated costs to achieve program objectives."
  • $37.63: the drop in Lockheed Martin's share price on October 22, 2024, representing a fall of 6.12% to close at $576.98 on unusually heavy trading volume.
  • $1.7 billion: the pre-tax losses recorded by Lockheed Martin associated with classified programs at its Aeronautics and Missiles and Fire Control business.
  • $46.24: the drop in Lockheed Martin's share price on January 28, 2025, representing a fall of 9.2% to close at $457.45 on unusually heavy trading volume.
  • $1.6 billion: the additional pre-tax losses recorded by Lockheed Martin on classified programs, including $950 million in losses related to its Aeronautics Classified program.
  • $49.79: the drop in Lockheed Martin's share price on July 22, 2025, representing a fall of 10.8% to close at $410.74 on unusually heavy trading volume.

Sources:

  • GlobeNewswire, "Lockheed Martin Securities Class Action Lawsuit Deadline Approaching" (September 2, 2025)
  • Glancy Prongay & Murray LLP, "Lockheed Martin Corporation Securities Class Action Lawsuit Filed" (undated)