Lockheed Martin Corporation Investors: Please contact the Portnoy Law Firm to recover your losses. September 26, 2025 24 Deadline to file Lead Plaintiff Motion

Core Viewpoint - Lockheed Martin Corporation is facing a class action lawsuit due to alleged false statements and failures to disclose critical information that resulted in significant financial losses for investors during the specified class period from January 23, 2024, to July 21, 2025 [1][3][4]. Group 1: Allegations Against Lockheed Martin - The lawsuit claims that Lockheed Martin lacked effective internal controls over risk-adjusted contracts, impacting the accuracy of profit reporting [5]. - It is alleged that the company did not have adequate review procedures for program requirements, technical complexities, schedules, and risks [5]. - Lockheed Martin is accused of overstating its ability to fulfill contract commitments, particularly regarding cost, quality, and schedule [5]. - The lawsuit suggests that these failures made it likely for Lockheed Martin to report significant financial losses [5]. Group 2: Financial Impact and Stock Price Reactions - On October 22, 2024, Lockheed Martin announced an $80 million loss on a classified program, leading to a stock price drop of over 6% [5]. - A January 28, 2025 announcement revealed pre-tax losses of $1.7 billion, causing the stock price to decline by more than 9% [5]. - Following a July 22, 2025 announcement of an additional $1.6 billion in pre-tax losses, Lockheed Martin's stock price fell nearly 11% [5].