SAN DIEGO, Aug. 20, 2025 /PRNewswire/ -- Robbins LLP reminds stockholders that a class action was filed on behalf of investors who purchased or otherwise acquired Lockheed Martin Corporation (NYSE: LMT) securities between January 23, 2024 and July 21, 2025. Lockheed Martin is an aerospace defense company.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating Allegations that Lockheed Martin Corporation (LMT) Mis ...

Core Insights - Poland has finalized an agreement with the U.S. government to modernize its fleet of 48 F-16 aircraft to the F-16V Viper configuration, with Lockheed Martin serving as the prime contractor [1][9] - The modernization will enhance NATO interoperability and regional security while supporting local workforce development in Poland [2] - Lockheed Martin's strategic positioning in the European defense market is reinforced, appealing to investors interested in established defense stocks with sustained international demand [2] Stock Performance - Lockheed Martin's stock has decreased by 6.2% over the past three months, underperforming the Zacks Aerospace-Defense industry's growth of 10.2% and the broader Zacks Aerospace sector's rise of 11% [4][9] - In contrast, industry peers Boeing and Embraer have seen substantial gains, with Embraer rising by 17.2% and Boeing by 10.7% during the same period [5] Long-Term Growth Drivers - Lockheed Martin maintains a diverse product portfolio, including military aircraft and space satellites, leading to a solid order flow and a strong backlog of $166.5 million as of June 29, 2025 [6] - The F-35 fighter jet program is a key growth driver, with 1,199 jets delivered since inception and 311 jets in backlog as of June 29, 2025, with expectations to deliver 170-190 jets in 2025 [7] U.S. Defense Budget Impact - The increasing U.S. defense budget is a significant growth catalyst, with the U.S. Navy planning to purchase Lockheed's PAC-3 missiles for the first time and allocating $400 million for the Air-Launched Rapid Response Weapon [10] Valuation Metrics - Lockheed Martin's forward 12-month price-to-earnings (P/E) ratio is 16.28X, which is a discount compared to the peer group's average of 20.04X, indicating a lower price relative to expected earnings growth [13] Near-Term Estimates - The Zacks Consensus Estimate for 2025 and 2026 sales indicates improvements of 4.6% and 3.9% year over year, respectively, but 2025 earnings estimates suggest a decline of 19.4% [12] - Analysts' confidence in the stock's earnings-generating prospects has declined, as indicated by the downward movement in near-term bottom-line estimates over the past 60 days [12]

Core Viewpoint - A class action securities lawsuit has been filed against Lockheed Martin Corporation, alleging securities fraud that affected investors between January 23, 2024, and July 21, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Lockheed Martin lacked effective internal controls regarding its risk-adjusted contracts and profit booking rate [2]. - It is alleged that the company did not have adequate procedures for comprehensive reviews of program requirements, technical complexities, schedules, and risks [2]. - The complaint states that Lockheed Martin overstated its ability to fulfill contract commitments in terms of cost, quality, and schedule, leading to a likelihood of significant losses [2]. - As a result of these issues, the positive statements made by the defendants about the company's business and prospects were materially misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until September 26, 2025, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].

Core Insights - The executive order signed by U.S. President Donald Trump aims to accelerate the U.S. commercial space industry by reducing environmental review timelines and streamlining launch permits, which is expected to act as a growth catalyst for Lockheed Martin Corp. [1][11] Company Summary - Lockheed Martin is a prime contractor for NASA's deep-space Orion spacecraft and builds key satellites for national security, benefiting directly from its joint venture with Boeing, United Launch Alliance (ULA) [2][11] - The executive order mandates expedited environmental reviews and reforms to safety rules, which will likely reduce delays and costs for ULA's Vulcan Centaur rocket launches [3][4] - Lockheed's strategy to commercialize Orion through reusability and flexible missions aligns with the order's goals, enhancing cost-effectiveness and competitiveness in meeting NASA's evolving needs [4][11] - Lockheed Martin's shares have decreased by 9% year-to-date, contrasting with the industry's growth of 26.9% [10] - The company's shares are trading at a relative discount, with a forward 12-month Price/Earnings ratio of 16.26X compared to the industry's average of 27.54X [12] Industry Summary - Other companies such as Boeing and L3Harris Technologies are also positioned to benefit from the executive order, which aims to increase commercial space launch cadence [5][11] - Boeing is involved in NASA's Space Launch System (SLS), which is designed for deep-space missions, and serves as the prime contractor for key components of the SLS program [6][11] - L3Harris contributes to the Artemis II mission through its Aerojet Rocketdyne unit, providing engines for the SLS core stage and has supported over 2,100 space launches [7][11]

NEW YORK, Aug. 18, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Lockheed Martin Corporation (NYSE: LMT). Shareholders who purchased shares of LMT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/lockheed-martin-corporation-loss-submission-form/?id=161674&from=3 CLASS P ...

Core Viewpoint - A securities class action lawsuit has been filed against Lockheed Martin Corporation, alleging misleading statements regarding the company's financial performance and internal controls, particularly in its Aeronautics and Rotary and Mission Systems segments, leading to significant investor losses [1][2][6]. Group 1: Lawsuit Details - The lawsuit, Khan v. Lockheed Martin Corporation, seeks to represent investors who acquired Lockheed Martin securities between January 23, 2024, and July 21, 2025 [1]. - The lead plaintiff deadline for the lawsuit is set for September 26, 2025 [2]. - The lawsuit focuses on the accuracy of Lockheed Martin's statements regarding its Aeronautics and RMS business segments [2]. Group 2: Financial Performance Issues - Lockheed Martin reported $1.8 billion in pre-tax losses in its Aeronautics segment for the year ended December 31, 2024, citing "performance issues" [4]. - On July 22, 2025, the company announced an additional $950 million in pre-tax losses in the Aeronautics segment and $570 million in the RMS segment due to issues with the Canadian Maritime Helicopter Program [5]. - Following these announcements, Lockheed Martin's share price fell nearly 11% on July 22, 2025 [1]. Group 3: Allegations of Misleading Statements - The complaint alleges that Lockheed Martin made false and misleading statements while failing to disclose critical information about its financial health and operational risks [3][7]. - Specific allegations include a lack of effective internal controls regarding risk-adjusted contracts and an overstatement of the company's ability to meet contractual commitments [7]. - The investigation is focused on whether the company misled investors about the extent of its performance and financial problems [6].

Group 1 - Lockheed Martin's stock price increased by 0.9% in early trading on Monday [1] - The company received a contract modification worth $110.9 million from the U.S. Navy for the production and maintenance support of Trident II (D5) missiles [1] - The contract work will primarily take place in Magna, Utah, and is expected to be completed by September 2029 [1]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Lockheed Martin securities between January 23, 2024, and July 21, 2025, about the upcoming lead plaintiff deadline on September 26, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Lockheed Martin securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The deadline to move the Court to serve as lead plaintiff is September 26, 2025, with the lead plaintiff acting on behalf of other class members [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 alone, and has been consistently ranked among the top firms for securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that Lockheed Martin made false and misleading statements regarding its internal controls and ability to meet contract commitments, which led to significant investor losses when the truth was revealed [5]. - Specific claims include the lack of effective internal controls, inaccurate program reviews, and overstated delivery capabilities, all of which contributed to misleading positive statements about the company's business prospects [5].

Core Insights - The U.S. government awarded Lockheed Martin and RTX Corporation contracts totaling nearly $7.8 billion for missile orders [2][4][5] - Lockheed Martin received a $4.3 billion contract for Joint Air-To-Surface Standoff Missiles and Long-Range, Anti-Ship Missiles, while RTX was awarded $3.5 billion for Advanced Medium Range Air-to-Air Missiles [4][5] Financial Impact - Lockheed Martin's contract will contribute approximately $71.7 million annually, representing an increase of less than 1% to its $71 billion revenue stream [6][7] - RTX's contract will add less than $600 million annually, equating to a maximum increase of 0.7% to its $84 billion revenue stream [7] Profitability Comparison - Lockheed Martin's operating profit margin in its Missiles and Fire Control division is 4.2%, making it the least profitable division [10] - RTX's Raytheon division has a higher operating margin of 9.7%, making it the second most profitable division for RTX [11] Market Valuation - Despite RTX winning the smaller contract, it is expected to generate more profit due to its superior profit margins [12] - RTX stock is valued at 2.5 times annual sales, while Lockheed stock is valued at 1.4 times sales, reflecting the difference in profitability [12]

Group 1: Contract and Production Details - Lockheed Martin Corporation secured a modification contract valued at $720.1 million to produce Joint Air-to-Ground Missiles (JAGM) and Hellfire missiles, with work to be completed by September 30, 2028 [1][8] - The contract was awarded by the U.S. Army Contracting Command, indicating strong demand for Lockheed's missile systems [1][2] Group 2: Market Demand and Growth - Global defense spending is increasing, particularly in advanced military arms and missile systems, benefiting Lockheed Martin as a leading manufacturer [2][4] - The missile and missile defense systems market is projected to grow at a compound annual growth rate of 5% from 2025 to 2030, driven by rising military conflicts and national security concerns [4][5] Group 3: Product Capabilities - The Hellfire missile is a multipurpose system effective against a wide range of targets, while JAGM combines Hellfire and LONGBOW capabilities for multi-domain combat solutions [3][8] - Lockheed's Missile and Fire Control unit is recognized for high-performance missiles and operates in over 50 countries, with key programs including the Patriot Advanced Capability-3 and Terminal High Altitude Area Defense [5][6] Group 4: Competitive Landscape - Other defense companies like Northrop Grumman, RTX Corporation, and Boeing are also positioned to benefit from the expanding missile market, each offering advanced missile defense technologies and systems [6][7][9]