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Lockheed Martin Investors: A Call to Action

In a significant development for shareholders of Lockheed Martin Corporation (NYSE: LMT), the esteemed law firm Robbins Geller Rudman & Dowd LLP has announced an opportunity for those who suffered substantial losses to potentially lead a class action lawsuit. The class action is related to allegations of misconduct by Lockheed Martin and involves a comprehensive timeline of financial discrepancies.

Background

Lockheed Martin, a dominant player in the aerospace and defense sectors, faced a series of challenges impacting its stock price and overall reputation. From January 23, 2024, to July 21, 2025, numerous issues emerged, suggesting a lack of effective internal controls and transparency about their financial health and contractual obligations.

Class Action Details

The lawsuit, titled Khan v. Lockheed Martin Corporation, No. 25-cv-06197 (S.D.N.Y.), accuses Lockheed Martin and certain executives of violating the Securities Exchange Act of 1934. Investors have until September 26, 2025, to express their interest in being appointed as lead plaintiffs. The lead plaintiff plays a crucial role, representing the collective interests of all investors affected during the class period.

Allegations

The specific allegations against Lockheed Martin include:

• - Misleading Statements: Executives allegedly provided false and misleading information regarding the company’s ability to manage risk in contract execution.
• - Inadequate Internal Controls: The firm reportedly lacked effective procedures to review comprehensive program requirements, a situation that likely contributed to the company over-committing its ability to meet client expectations in terms of cost and quality.
• - Significant Financial Losses: The lawsuit points out that Lockheed Martin had to recognize substantial losses tied to various programs, totaling over $1.7 billion in pre-tax losses associated with classified programs as announced on multiple occasions throughout 2024 and 2025. This was particularly impactful on shareholders, leading to sharp declines in stock value.

Timeline of Major Announcements

1. October 22, 2024: Lockheed Martin recognized losses of $80 million on a classified program, largely due to unexpectedly high costs. Stock prices dropped more than 6% following this announcement.
2. January 28, 2025: The company revealed pre-tax losses of $1.7 billion from its classified programs, which caused the stock to plummet by over 9%.
3. July 22, 2025: An additional $1.6 billion was reported in losses, again impacting investor confidence and stock value, leading to another nearly 11% decline in share pricing.

Becoming a Lead Plaintiff

Under the Private Securities Litigation Reform Act of 1995, any investor who purchased Lockheed Martin securities within the class period is eligible to seek the lead plaintiff position. The objective is to have a representative who has a vested financial interest and aligns with the class’s interests. As the lead plaintiff, one has the autonomy to select the law firm representing the case.

About Robbins Geller

Robbins Geller Rudman & Dowd LLP is a preeminent law firm specializing in securities fraud and shareholder litigation. Known for its commitment to investor rights, the firm has achieved monumental recoveries for clients, securing over $2.5 billion for investors in securities-related cases in 2024 alone. With a well-established reputation, Robbins Geller continues to be an essential ally for those navigating the complexities of securities litigation.

If you believe you are eligible to participate in this class action suit or wish to explore further details, you may refer to their extensive resources here, or contact attorneys J.C. Sanchez or Jennifer N. Caringal at 800/449-4900.

Investors who have faced losses during this tumultuous period should consider this opportunity to advocate not just for themselves but for the broader community of Lockheed Martin shareholders impacted by these distressing events.