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Class action lawsuits

Lockheed Martin Securities Class Action Lawsuit: Investors Impacted

Strategic Insights

— 2 min read

Investors who purchased Lockheed Martin Corporation securities between January 23, 2024, and July 21, 2025, are being reminded of the upcoming September 26, 2025, deadline to file a lead plaintiff motion in the class action filed on their behalf. The lawsuit alleges that Lockheed Martin made false and misleading statements about its business, operations, and prospects during the class period. As a result, investors may be eligible to recover their losses under the federal securities laws.

Key Takeaways:

  • The lawsuit alleges that Lockheed Martin failed to disclose material adverse facts about its business, operations, and prospects, including its lack of effective internal controls, overstated contract commitments, and failure to perform comprehensive reviews of program requirements.
  • The Company's share price fell significantly on multiple occasions due to the announcement of losses and charges related to classified programs, including a $80 million loss, a $1.7 billion loss, and a $1.6 billion loss.
  • Investors who purchased or otherwise acquired Lockheed Martin securities during the Class Period may move the Court no later than September 26, 2025, to request appointment as lead plaintiff in this putative class action lawsuit.
  • The lawsuit alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects.
  • The Company's financial performance suffered in 2024, with net earnings of $5.3 billion, or $22.31 per share, compared to $6.9 billion, or $27.55 per share, in 2023.
  • The lawsuit also alleges that Lockheed Martin failed to disclose that the Company was reasonably likely to report significant losses due to its contract commitments and program risks.

Statistics:

  • Lockheed Martin's share price fell $37.63 or 6.12% on October 22, 2024, following the announcement of a $80 million loss.
  • The Company's share price fell $46.24 or 9.2% on January 28, 2025, following the announcement of a $1.7 billion loss.
  • Lockheed Martin's share price fell $49.79 or 10.8% on July 22, 2025, following the announcement of a $1.6 billion loss.
  • The Company reported a net loss of $342 million in July 2025, compared to net earnings of $5.3 billion in 2024.
  • The lawsuit alleges that Lockheed Martin's financial performance suffered in 2024, with net earnings of $22.31 per share, compared to $27.55 per share in 2023.

Sources:

  • "Lockheed Martin Corporation Investor Alert: Glancy Prongay & Murray LLP Announces Investigation on Behalf of Investors in Lockheed Martin Corporation (LMT)" (GLOBE NEWSWIRE, September 8, 2025)
  • "Lockheed Martin Corporation Investor Alert: Glancy Prongay & Murray LLP Announces Investigation on Behalf of Investors in Lockheed Martin Corporation (LMT)" (COMTEX_468635155/2010, September 8, 2025)

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