Security Investigation
Lockheed Martin Corporation (NYSE: LMT)
57 Days left to seek lead plaintiff status.
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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 26, 2025 to file lead plaintiff applications in a securities class action lawsuit against Lockheed Martin Corporation (NYSE: LMT).
Lockheed Martin and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On July 22, 2025, the Company disclosed an additional $1.6 billion in pre-tax losses on classified programs, including $950 million in losses related to its Aeronautics Classified program due to “design, integration, and test challenges, as well as other performance issues,” as well as $570 million in losses on its Canadian Maritime Helicopter Program due in part to providing “additional mission capabilities, enhanced logistical support, fleet life extension, and revised expectations regarding flight hours.” The Company further recorded a $95 million charge related to its Turkish Utility Helicopter Program due to the “current status of the program.” As a result, the Company reported much lower net earnings of $342 million, or $1.46 per share, including $1.6 billion of program losses and $169 million of other charges.
On this news, the price of Lockheed Martin’s shares fell $49.79 or 10.8%, to close at $410.74 on July 22, 2025, on unusually heavy trading volume.
If you purchased securities of Lockheed and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.
The case is Khan v. Lockheed Martin Corporation, et al., No. 25-cv-06197.