LOCKHEED MARTIN LAWSUIT ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Lockheed Martin Corporation and Encourages Investors to Contact the Firm
Then, on January 28, 2025, before the market opened, Lockheed Martin 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 i ...