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Investor Notice: Class Action Opportunity for Lockheed Martin

In a recent announcement made by Robbins Geller Rudman & Dowd LLP, investors in Lockheed Martin Corporation (NYSE: LMT) who suffered considerable financial losses are being alerted to an opportunity to lead a securities class action lawsuit. This opportunity is particularly relevant for those who purchased or acquired Lockheed Martin securities within the defined Class Period, which extends from January 23, 2024, through July 21, 2025.

Details of the Lawsuit

The case, titled Khan v. Lockheed Martin Corporation, brings allegations of significant wrongdoing against both the aerospace giant and some of its top executives, each of whom is charged with violations under the Securities Exchange Act of 1934. Key accusations include misleading statements regarding the company’s operational capacities and the management of its contracts. The firm alleges that Lockheed Martin not only lacked effective internal controls regarding its financial reporting, but also failed to provide a transparent account of its risks associated with various contracts.

According to the lawsuit, Lockheed Martin made several critical errors. These included:
1. Failing to establish proper internal controls concerning risk-adjusted contracts.
2. Inadequate procedures for comprehensive program reviews encompassing technical complexities, delivery schedules, and risks associated with various projects.
3. Overstating its contract commitments' delivery capabilities in relation to cost, quality, and timing.

As a result of these misrepresentations, investors were left vulnerable to substantial financial losses.

Major Financial Impacts

The financial repercussions for Lockheed Martin were underscored in a series of alarming disclosures regarding losses:

• - On October 22, 2024, the company revealed an $80 million loss linked to a classified program in its Aeronautics segment. The announcement cited unexpected costs as a primary factor for these losses, leading to a more than 6% drop in the company’s stock price.
• - On January 28, 2025, the company further disclosed a staggering pre-tax loss of $1.7 billion due to similar issues, resulting in a 9% decline in stock price.
• - Just a few months later, on July 22, 2025, Lockheed Martin admitted to another $1.6 billion in pre-tax losses, which also contributed to a near 11% plunge in stock prices.

With these significant financial losses publicized, affected investors now have a pivotal opportunity to take action.

Becoming the Lead Plaintiff

Under the Private Securities Litigation Reform Act of 1995, investors who suffered losses during the Class Period have the right to apply for the role of lead plaintiff in the upcoming class action lawsuit. The lead plaintiff represents the interests of all affected investors, providing direction for the case at hand.

If you're an investor looking to join this legal action or seeking to act as the lead plaintiff, it is critical to gather and submit information that outlines your involvement in Lockheed Martin securities during the designated period. An application must be submitted by September 26, 2025, to ensure you secure your place in this vital legal battle.

About Robbins Geller

Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation. Ranked first in terms of monetary recoveries for investors, their track record speaks volumes with over $2.5 billion secured for investors in 2024 alone. With a formidable team of over 200 attorneys, Robbins Geller has consistently negotiated some of the largest settlements in history, ensuring justice for investors at large.

To learn more about this case or initiate your participation, individuals can reach out to Robbins Geller attorneys J.C. Sanchez or Jennifer N. Caringal at 800-449-4900 or via their website.

This opportunity invites all investors to consider their stake in Lockheed Martin and to understand their rights within the framework of this class action lawsuit.