#United States #New York #Lockheed Martin #Faruqi & Faruqi #Investors Rights

Faruqi & Faruqi Investigates Lockheed Martin Losses

Faruqi & Faruqi, LLP, a prominent securities law firm based in the United States, has launched an investigation into Lockheed Martin Corporation in relation to potential claims on behalf of investors. This investigation comes in light of significant financial losses reported by Lockheed Martin that have adversely impacted shareholders, particularly those who have suffered losses exceeding $75,000 between January 23, 2024, and July 21, 2025.

According to comments made by James (Josh) Wilson, a partner at Faruqi & Faruqi, investors who believe they have been wronged are encouraged to reach out to the firm to explore their available legal options. Faruqi & Faruqi is reminding potential lead plaintiffs of the critical deadline: September 26, 2025. This date marks the closing window to formally seek to lead a federal securities class action against the aerospace giant.

The firm claims that Lockheed Martin and its executives may have violated federal securities laws by disseminating misleading statements and failing to disclose vital information regarding internal controls and contract management. Specifically, they allege that Lockheed Martin:
1. Lacked effective internal controls concerning its risk-adjusted contracts including the reporting of profit booking rates.
2. Failed to implement adequate procedures for accurate reviews of program requirements and risk assessments.
3. Exaggerated its capabilities to fulfill contractual commitments regarding cost, quality, and timeline.
4. Concealed the potentially dire financial implications resulting from these alleged misrepresentations.

On October 22, 2024, Lockheed Martin disclosed it had to acknowledge an $80 million loss associated with a classified program due to unforeseen costs. This announcement led to a sharp decline in their stock price, which dropped by over 6%—a sign of the market's immediate reaction to the revealed financial instability. Following this, on January 28, 2025, further disclosures indicated pre-tax losses close to $1.7 billion linked to weaknesses in classified programs under its Aeronautics and Missiles sectors. Again, the stock price suffered, falling nearly 9.2% in response to the news.

The situation worsened on July 22, 2025, when Lockheed Martin reported an additional $1.6 billion in losses due to ongoing design and performance issues on key projects, resulting in a staggering 10.8% drop in its share price. These successively negative announcements indicate a troubling pattern for the company and raise important questions about their financial management and transparency towards investors.

Faruqi & Faruqi is committed to defending the rights of investors in light of these circumstances. Any affected shareholders wishing to pursue their claims may approach the firm directly at the provided contacts. Furthermore, the organization encourages individuals with relevant information regarding Lockheed Martin's conduct to come forward, including former employees and whistleblowers.

The firm has a long history of advocating for investor rights and has successfully recovered considerable amounts on behalf of investors since its establishment in 1995. As this situation unfolds, it’s crucial for shareholders to stay informed of developments regarding the proposed class action and their rights within it.

For more information about the ongoing investigation or to secure legal representation, individuals can visit Faruqi & Faruqi’s website or contact the firm’s offices directly. Due prudence is essential, and being proactive can make a significant difference in the outcome of potential claims. Shareholders are urged to monitor their rights as investors and to engage with legal professionals who specialize in securities law for informed guidance.