Class Action Lawsuit Filed Against Lockheed Martin Due to Investment Losses

Investor Alert: Class Action Against Lockheed Martin Corporation

Pomerantz LLP, a prominent law firm specializing in corporate and securities law, has filed a class action lawsuit against Lockheed Martin Corporation (NYSE: LMT) amidst concerns of significant investor losses. Investors affected by the company's recent downturn are encouraged to take action as critical deadlines for participation in the lawsuit loom.

Background

On October 22, 2024, Lockheed Martin disclosed substantial losses of $80 million related to a classified program within their Aeronautics division, attributed to unexpected expenses incurred while trying to meet program objectives. This announcement immediately impacted investor confidence, resulting in a 6.12% drop in the company's stock price, which fell by $37.63 per share, closing at $576.98.

Further troubling news came on January 28, 2025, when Lockheed Martin revealed pre-tax losses totaling $1.7 billion linked to classified initiatives within its Aeronautics and Missiles and Fire Control segments. The firm conducted a thorough evaluation of their program requirements and the associated risks, leading to an assessment that resulted in $555 million of losses in the Aeronautics sector alone. Overall, the company reported net earnings plummeting to $5.3 billion for 2024 from $6.9 billion the previous year, which represents a significant decrease in earnings per share from $27.55 to $22.31.

Once again, on July 22, 2025, Lockheed Martin's second-quarter earnings report painted a grim picture. The company documented $1.6 billion in program losses, leading to further declines in their stock price. This included recognizing $950 million in losses linked to performance issues in their classified aeronautics initiatives, alongside additional losses impacting their Canadian Maritime Helicopter Program and Turkish Utility Helicopter Program. Following this report, Lockheed’s stock saw a sharp drop of 10.8%, down by $49.79 per share, ultimately closing at $410.74.

Legal Implications

The class action lawsuits initiated by Pomerantz LLP serve to address allegations that Lockheed Martin and certain officers engaged in securities fraud or violated other business laws. Investors who acquired Lockheed securities during the predefined class period and believe they have suffered losses are urged to reach out to Pomerantz to assess their standing in this case. Those interested in serving as Lead Plaintiff have until September 26, 2025, to make their claims known to the court. A full version of the complaint is available and interested parties can find more information on the firm's website, pomerantzlaw.com.

How to Get Involved

Affected investors should contact Danielle Peyton at Pomerantz LLP at [email protected] or call 646-581-9980. Additionally, those reaching out via email should include essential details such as their mailing address, phone number, and the number of Lockheed shares they purchased. The legal firm, renowned for its extensive history in handling securities class actions and recovering damages for investors, invites impacted individuals to stand up for their rights against corporate misconduct and fraudulent practices.

Pomerantz, founded more than 85 years ago by Abraham L. Pomerantz, continues to be a leading entity in advocating for victims of securities fraud, breaches of fiduciary duty, and corporate impropriety. With offices spanning across major cities, including New York, Chicago, Los Angeles, and international locations, Pomerantz upholds a commitment to protecting investors’ interests.

Conclusion

The current accusation against Lockheed Martin emphasizes the critical need for investors to remain vigilant and proactive, especially in light of the upcoming deadlines. Engaging in legal recourse through participation in this class action may provide an avenue to recover incurred losses due to the company's alleged securities violations. As the situation unfolds, stakeholders are advised to seek the necessary legal guidance to safeguard their investments effectively.