Investors with Significant Losses in Lockheed Martin Have Chance to Lead Class Action Lawsuit

Investors Given Opportunity to Lead Class Action Against Lockheed Martin

In a significant development for investors affected by Lockheed Martin Corporation's (NYSE: LMT) recent financial struggles, Robbins Geller Rudman & Dowd LLP has announced that individuals who purchased or acquired securities of the company between January 23, 2024, and July 21, 2025, are eligible to seek appointment as lead plaintiff in a class action lawsuit. The lawsuit, titled Khan v. Lockheed Martin Corporation, No. 25-cv-06197 (S.D.N.Y.), alleges that Lockheed Martin and certain executives violated the Securities Exchange Act of 1934, resulting in substantial losses for shareholders.

Background of the Case

The allegations against Lockheed Martin center on misleading statements made by the company throughout the designated Class Period. According to the complaint, Lockheed Martin failed to adequately disclose the operational risks linked to their contracts, particularly concerning the effectiveness of their internal controls. These shortcomings allegedly led to exaggerated expectations about the company's capabilities in delivering on contract commitments regarding cost, quality, and schedule.

One critical moment occurred on October 22, 2024, when Lockheed Martin disclosed that it had to recognize an unexpected loss of $80 million in its Aeronautics sector due to higher-than-anticipated costs. This announcement triggered a significant decline in the stock price of Lockheed Martin, following a pattern seen in subsequent disclosures.

Notably, on January 28, 2025, the company further revealed pre-tax losses of $1.7 billion linked to its Aeronautics and Missiles and Fire Control sectors. The magnitude of these figures, along with unanticipated challenges concerning program delivery and operational performance, raised serious questions about the company’s financial management and oversight.

The accusations intensified when, on July 22, 2025, Lockheed Martin announced additional losses amounting to $1.6 billion, which resulted in further damage to investor confidence, as evidenced by a nearly 11% plunge in share prices after the announcement.

Becoming a Lead Plaintiff

The private securities litigation reform act allows any investor who bought Lockheed Martin securities during the Class Period to seek the role of lead plaintiff in the lawsuit. The lead plaintiff is typically an investor with the most significant financial interest in the recovery sought by the class and must act in the best interest of all members involved. The current window for potential lead plaintiffs will close on September 26, 2025.

Those interested in participating and serving as lead plaintiff can find more information on the law firm's dedicated webpage. They may also contact attorneys J.C. Sanchez or Jennifer N. Caringal via email or by calling their office directly.

Robbins Geller is a prominent law firm recognized for its advocacy on behalf of investors in securities fraud cases. The firm has been instrumental in recovering billions for clients, marking its position as a leading entity in investor rights litigation. The firm has also recorded numerous large recoveries in similar actions, substantiating its history of effectively representing aggrieved investors.

Conclusion

As Lockheed Martin faces increasing scrutiny over its financial disclosures and operational practices, affected investors now have the opportunity to organize and potentially recover their losses through this class action lawsuit. Those who believe they have been impacted should take immediate action to protect their rights and interests, as the deadline to seek leadership in this lawsuit approaches. For detailed information, potential claimants can visit Robbins Geller's official page linked above, as well as follow additional updates regarding the case.