Lawsuit Alert: Investors who lost money with shares of Lockheed Martin Corporation (NYSE: LMT) should contact the Shareholders Foundation

An investor, who purchased shares of Lockheed Martin Corporation (NYSE: LMT), filed a lawsuit over alleged violations of Federal Securities Laws by Lockheed Martin Corporation in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Lockheed Martin Corporation (NYSE: LMT)) have certain options and for certain investors are short and strict deadlines running. Deadline: September 26, 2025. NYSE: LMT investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Bethesda, MD based Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. Lockheed Martin Corporation (NYSE: LMT) reported that its annual Total Revenue rose from over $67.57 billion in 2023 to over $71.04 billion in 2024, and that its Net Income decreased from over $6.92 billion in 2023 to over $5.33 billion in 2024.

On October 22, 2024, before the market opened, Lockheed Martin Corporation announced it was forced to recognize losses of $80 million on a classified program at the Company's Aeronautics business segment "due to higher than anticipated costs to achieve program objectives." The Company also announced it had recognized a reach-forward loss in its Rotary and Mission Systems segment "as a result of additional quantity ordering risk identified on fixed-price options."

Then, on January 28, 2025, before the market opened, Lockheed Martin Corporation announced it was forced to record pre-tax losses of $1.7 billion associated with classified programs at its Aeronautics and Missiles and Fire Control business. The Company explained "as a result of performance trends" and "in contemplation of near-term program milestones," it had "performed a comprehensive review of the program requirements, technical complexities, schedule, and risks" based on which it recognized $555 million of losses in its Aeronautics program. The Company further reported additional losses of approximately $1.3 billion in its Missiles and Fire Control business due to, among other things, the "future requirements of the program, discussions with the customer and suppliers." As a result, the Company's net earnings in 2024 were $5.3 billion, or $22.31 per share, compared to $6.9 billion, or $27.55 per share, in 2023.

Then, on July 22, 2025, before the market opened, Lockheed Martin Corporation disclosed it was forced to record 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." The Company also recorded $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 sharply lower net earnings of $342 million, or $1.46 per share, including $1.6 billion of program losses and $169 million of other charges.

Shares of Lockheed Martin Corporation (NYSE: LMT) declined from $618.95 per share on October 21, 2024, to $410.11 per share on Jule 22, 2025.

The plaintiff claims that between January 23, 2024 and July 21, 2025, the Defendants failed to disclose to investors that Lockheed Martin lacked effective internal controls regarding its purportedly risk adjusted contracts including the reporting of its risk adjusted profit booking rate, that Lockheed Martin lacked effective procedures to perform reasonably accurate comprehensive reviews of program requirements, technical complexities, schedule, and risks, that Lockheed Martin overstated its ability to deliver on its contract commitments in terms of cost, quality and schedule, that, as a result, the Company was reasonably likely to report significant losses, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Lockheed Martin Corporation (NYSE: LMT) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.