LMT Investor Update: Securities Lawsuit Hits Lockheed Martin (LMT) Over Program Losses-- Hagens Berman

Core Viewpoint - A securities class action lawsuit has been filed against Lockheed Martin Corporation, alleging misleading statements regarding the financial health of its Aeronautics and Rotary and Mission Systems (RMS) segments, impacting investors who purchased shares between January 23, 2024, and July 21, 2025 [1][2]. Allegations and Financial Fallout - The lawsuit claims Lockheed Martin failed to disclose ineffective internal controls and overstated its ability to meet contractual commitments, leading to significant financial losses [2]. - Investors experienced a series of negative disclosures that resulted in a nearly 11% drop in Lockheed Martin's stock price following the final disclosure [3]. Investigation and Statements - Hagens Berman, a law firm, is investigating the claims on behalf of investors who suffered substantial losses, focusing on whether the losses were a result of poor internal controls and inadequate risk communication [4][5]. - The firm has a history of securing over $2.9 billion for clients in corporate accountability cases [6]. Financial Performance Issues - On January 28, 2025, Lockheed Martin reported $1.8 billion in pre-tax losses in its Aeronautics segment due to performance issues [7]. - Subsequent announcements included the departure of the CFO and an additional $950 million in pre-tax losses for the Aeronautics segment, along with $570 million in pre-tax losses for the RMS segment, attributed to problems with the Canadian Maritime Helicopter Program [7].