LMT INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Lockheed Martin Corporation Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit

Core Viewpoint - A class action lawsuit has been filed against Lockheed Martin Corporation, alleging violations of the Securities Exchange Act of 1934 due to misleading statements and lack of effective internal controls, resulting in significant financial losses for the company and its investors [1][3]. Group 1: Allegations and Financial Impact - The lawsuit claims that Lockheed Martin made false statements regarding its internal controls and ability to meet contract commitments, which led to an overstatement of its financial health [3]. - On October 22, 2024, Lockheed Martin announced an $80 million loss on a classified program, causing its stock price to drop over 6% [4]. - On January 28, 2025, the company reported pre-tax losses of $1.7 billion related to classified programs, leading to a more than 9% decline in stock price [5]. - On July 22, 2025, Lockheed Martin disclosed an additional $1.6 billion in pre-tax losses, including $950 million from its Aeronautics Classified program, resulting in a nearly 11% drop in stock price [6]. Group 2: Class Action Details - Investors who purchased Lockheed Martin securities between January 23, 2024, and July 21, 2025, can seek to be appointed as lead plaintiff in the class action lawsuit [1][7]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [7]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized for its significant recoveries in securities fraud litigation [8].