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Alert for Lockheed Martin Investors

The well-known law firm Robbins Geller Rudman & Dowd LLP has issued an important announcement for investors of Lockheed Martin Corporation (NYSE: LMT) who have incurred considerable losses. If you purchased or acquired Lockheed Martin securities between January 23, 2024, and July 21, 2025, you may have the opportunity to lead a class action lawsuit. The window to apply for lead plaintiff status closes on September 26, 2025.

The focus of this lawsuit, named Khan v. Lockheed Martin Corporation, underscores serious allegations concerning the company's compliance with the Securities Exchange Act of 1934. During the specified period, Lockheed Martin reportedly failed to maintain adequate internal controls regarding its contracts, misrepresented its capabilities, and ultimately faced substantial financial losses that were not disclosed to investors.

Key Allegations in the Class Action Lawsuit

The complaints outline a series of misleading statements made by Lockheed Martin and its executives. Several critical issues have been noted:

1. Ineffective Internal Controls: Lockheed Martin is accused of lacking effective mechanisms to monitor risk-adjusted contracts, which influenced the reporting of their profit booking rate.
2. Oversight of Program Reviews: The lawsuit claims there were insufficient procedures for accurate evaluations of program requirements, technical challenges, and associated risks.
3. Overstated Capabilities: It is alleged that the company exaggerated its capacity to meet contract commitments concerning quality, schedule, and costs.
4. Failure to Disclose Losses: As a result of these factors, significant losses were anticipated but not communicated to investors.

The lawsuit cites several critical events that amplified these concerns:

• - On October 22, 2024, Lockheed Martin disclosed an $80 million loss tied to unexpected costs in its Aeronautics division. Following this news, their stock price fell by over 6%.
• - A subsequent announcement on January 28, 2025, revealed pre-tax losses of $1.7 billion related to classified programs, leading to a further 9% drop in stock price.
• - Finally, on July 22, 2025, an additional $1.6 billion pre-tax loss was reported, causing the stock to plunge nearly 11%. This information points to a concerning trend of unrevealed losses that could significantly impact investors.

How to Participate as a Lead Plaintiff

The Private Securities Litigation Reform Act of 1995 allows any investor who suffered losses during the Class Period to apply for the position of lead plaintiff. This role is crucial, as the lead plaintiff will guide the class action proceedings and represent the interests of all investors affected by the alleged misconduct. It is important to note that potential recovery in any future outcome does not depend on being the lead plaintiff.

As a lead plaintiff, you will have the autonomy to select a law firm to represent you, ensuring that your interests are effectively advocated in court. If you wish to take action, you can reach out to the Robbins Geller team for more information.

About Robbins Geller Rudman & Dowd LLP

Robbins Geller is recognized as a leading law firm specializing in securities fraud and shareholder litigation, holding a prominent position in obtaining monetary relief for investors. In the past year alone, the firm reported recovering over $2.5 billion for their clients in securities-related class action cases. With a robust team of 200 attorneys and a presence in ten offices, Robbins Geller has established a remarkable track record in achieving successful outcomes for high-stakes litigation at the securities level.

For those affected by the situation concerning Lockheed Martin, now is the time to address your legal rights. You can contact attorneys J.C. Sanchez or Jennifer N. Caringal at Robbins Geller via phone or email for further assistance.
For more details and resources, visit the firm’s dedicated webpage here.

Note: Results from past cases do not guarantee successful outcomes in future litigations.