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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Lockheed Martin Corporation – LMT
Lockheed MartinLockheed Martin(US:LMT) GlobeNewswire News Room·2025-07-28 15:33

Core Viewpoint - Lockheed Martin Corporation is under investigation for potential securities fraud and unlawful business practices following a significant decline in its second-quarter earnings, which included substantial program losses [1][3]. Financial Performance - Lockheed reported second-quarter 2025 earnings with a total of $1.6 billion in program losses, including $950 million from its Aeronautics Classified program due to design and performance issues [3]. - The Canadian Maritime Helicopter Program incurred $570 million in losses, attributed to additional mission capabilities and revised flight hour expectations [3]. - A $95 million charge was reported for the Turkish Utility Helicopter Program, reflecting the program's current status [3]. Stock Market Reaction - Following the release of the disappointing financial results, Lockheed's stock price dropped by $49.84 per share, or 10.8%, closing at $410.69 on July 22, 2025 [4]. Legal Investigation - Pomerantz LLP is investigating claims on behalf of Lockheed investors regarding possible securities fraud or other unlawful practices by the company and its officers [1].