Investors of Lockheed Martin Corporation experiencing significant losses are given the chance to head the Lockheed Martin Class Action Lawsuit
In a significant development, defense contractor Lockheed Martin Corporation (NYSE: LMT) is facing a class action lawsuit over allegations of securities fraud. The lawsuit, captioned Khan v. Lockheed Martin Corporation, No. 25-cv-06197 (S.D.N.Y.), has been filed due to concerns about the company's disclosures regarding its classified programs.
The class period for this lawsuit spans from January 23, 2024, to July 21, 2025. This period includes several instances where Lockheed Martin was forced to record substantial pre-tax losses. On January 28, 2025, the company announced losses of $1.7 billion associated with classified programs at its Aeronautics and Missiles and Fire Control business. On July 22, 2025, an additional $1.6 billion in pre-tax losses were disclosed, with $950 million related to its Aeronautics Classified program. On October 22, 2024, Lockheed Martin also recognized losses of $80 million on a classified program at its Aeronautics business segment.
Robbins Geller Rudman & Dowd LLP, one of the world's leading law firms representing investors in securities fraud and shareholder litigation, is spearheading the class action lawsuit. The lawsuit alleges that defendants made false or misleading statements regarding Lockheed Martin's internal controls, program requirements, technical complexities, schedule, and risks. It also alleges that the company overstated its ability to deliver on its contract commitments in terms of cost, quality, and schedule.
Robbins Geller's contact information for this case is J.C. Sanchez, Jennifer N. Caringal, at 800-449-4900, or via email at [email protected]. The firm's office is located at 655 W. Broadway, Suite 1900, San Diego, CA 92101.
Robbins Geller has a proven track record in securing substantial recoveries for investors. In 2024, the firm recovered over $2.5 billion for investors in securities-related class action cases. The firm has also obtained many of the largest securities class action recoveries in history, with the largest recovery being $7.2 billion in In re Enron Corp. Sec. Litig.
The Private Securities Litigation Reform Act of 1995 governs the lead plaintiff process for this class action lawsuit. The lead plaintiff process allows any investor who purchased or acquired Lockheed Martin securities during the Class Period to seek appointment as lead plaintiff. The lead plaintiff will help direct the litigation and make important decisions on behalf of the class.
It is important to note that past results do not guarantee future outcomes. Services may be performed by attorneys in any of Robbins Geller's offices. For more information about Robbins Geller's services, please visit https://www.rgrdlaw.com/services-litigation-securities-fraud.html.
For further details about the Lockheed Martin class action lawsuit, please refer to the complaint filed in the United States District Court for the Southern District of New York.
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