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Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Lockheed Martin Corporation (LMT)
Lockheed MartinLockheed Martin(US:LMT) GlobeNewswire News Roomยท2025-07-29 17:20

The Complaint further alleges that then, on July 22, 2025, before the market opened, Lockheed Martin 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 Complaint also alleges that the Company also recorded $570 million in losses on its Canadian Maritime Helicopter Program due in part to p ...