NEW YORK, Sept. 18, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Lockheed Martin Corporation (NYSE: LMT). Shareholders who purchased shares of LMT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/lockheed-martin-corporation-loss-submission-form/?id=167836&from=3  CLASS ...

NEW YORK, Sept. 18, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lockheed Martin Corporation (NYSE: LMT) between January 23, 2024 and July 21, 2025, both dates inclusive (the “Class Period”), of the important September 26, 2025 lead plaintiff deadline. SO WHAT: If you purchased Lockheed Martin securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Lockheed Martin Corporation regarding a class action lawsuit due to allegations of misleading statements and lack of effective internal controls during a specified class period [1][2]. Allegations - The complaint alleges that Lockheed Martin lacked effective internal controls related to risk-adjusted contracts and profit booking rates [1]. - It is claimed that the company did not have adequate procedures for comprehensive reviews of program requirements, technical complexities, schedules, and risks [1]. - Lockheed Martin is accused of overstating its ability to meet contract commitments regarding cost, quality, and schedule [1]. - As a result of these issues, the company was likely to report significant losses [1]. - The positive statements made by the defendants about the company's business and prospects were deemed materially misleading and lacked a reasonable basis [1]. Class Action Details - The class period for the lawsuit is from January 23, 2024, to July 21, 2025 [1]. - Shareholders are encouraged to register for the class action by September 26, 2025, to potentially be appointed as lead plaintiffs [2]. - There is no cost or obligation for shareholders to participate in the case [2].

Core Viewpoint - A securities class action lawsuit has been filed against Lockheed Martin Corporation, alleging that the company misled investors regarding its financial health and internal controls from January 23, 2024, to July 21, 2025 [1][2]. Group 1: Allegations and Misrepresentations - The lawsuit claims Lockheed Martin overstated its operational capabilities, particularly in the Aeronautics and Rotary and Mission Systems (RMS) segments, and lacked effective internal controls to assess program risks [2]. - Investors were not informed of the potential for significant losses due to these inadequate internal controls, which the lawsuit suggests were systemic issues rather than isolated incidents [5]. Group 2: Financial Disclosures and Impact - A series of negative disclosures led to substantial stock price drops, with shares falling nearly 11% following the final disclosure [3]. - Specific financial losses reported include $1.8 billion in pre-tax losses in the Aeronautics segment on January 28, 2025, and an additional $950 million and $570 million in pre-tax losses for the Aeronautics and RMS segments, respectively, disclosed on July 22, 2025 [6]. Group 3: Legal and Investigative Actions - Hagens Berman is investigating the claims on behalf of investors who suffered losses, focusing on whether the company's management was aware of the inadequacies in internal controls and the risks involved [4][5]. - The firm encourages investors with substantial losses to come forward and assist in the investigation [2].

NEW YORK, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Lockheed Martin Corporation ("Lockheed Martin Corporation" or the "Company") (NYSE: LMT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Lockheed Martin Corporation investors who were adversely affected by alleged securities fraud between January 23, 2024 and July 21, 2025. Follow the link below to get more information and be contacted by a member of our team: htt ...

Core Points - A class action securities lawsuit has been filed against Lockheed Martin Corporation, alleging securities fraud affecting investors between January 23, 2024, and July 21, 2025 [2][3] Group 1: Allegations - The lawsuit claims that Lockheed Martin made false statements and concealed significant issues regarding its internal controls related to risk-adjusted contracts [3] - It is alleged that the company lacked effective procedures for comprehensive reviews of program requirements, technical complexities, schedules, and risks [3] - The complaint states that Lockheed Martin overstated its ability to meet contract commitments in terms of cost, quality, and schedule, leading to a likelihood of reporting significant losses [3] Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until September 26, 2025, to request appointment as lead plaintiff, although participation does not require this role [4] - Class members may be entitled to compensation without any out-of-pocket costs or fees [4] Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [5]

Core Viewpoint - Lockheed Martin Corporation is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its internal controls and contract commitments, which may lead to significant losses for the company [3][4]. Summary by Sections Class Period and Allegations - The class period for the lawsuit is from January 23, 2024, to July 21, 2025 [3]. - Allegations include: - Lack of effective internal controls related to risk-adjusted contracts and profit booking [3]. - Inadequate procedures for comprehensive reviews of program requirements and risks [3]. - Overstatement of the company's ability to meet contract commitments regarding cost, quality, and schedule [3]. - Likelihood of reporting significant losses due to the aforementioned issues [3]. - Misleading positive statements about the company's business and operations [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by September 26, 2025, to potentially become lead plaintiffs [4]. - Registration provides access to portfolio monitoring software for status updates throughout the case [4]. Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].

Core Viewpoint - A securities class action lawsuit has been filed against Lockheed Martin Corporation, alleging misleading financial disclosures and inadequate internal controls regarding program risks, impacting investors who purchased shares between January 23, 2024, and July 21, 2025 [1][2]. Group 1: Allegations and Claims - The lawsuit claims Lockheed Martin overstated its operational capabilities in the Aeronautics and Rotary and Mission Systems segments, failing to disclose significant internal control deficiencies [2]. - It is alleged that the company incurred substantial undisclosed losses due to these internal control failures, which misled investors about the company's financial health [2][4]. - The investigation by Hagens Berman focuses on whether the losses were a foreseeable result of these internal control issues and if management was transparent about the associated risks [4][5]. Group 2: Impact on Stock Price - Following a series of negative disclosures, Lockheed Martin's stock price experienced significant declines, including a nearly 11% drop on the final disclosure [3]. - The company reported $1.8 billion in pre-tax losses in its Aeronautics segment on January 28, 2025, and further losses of $950 million and $570 million in subsequent disclosures related to the Aeronautics and RMS segments, respectively [8]. Group 3: Legal and Investigative Actions - Hagens Berman is actively encouraging investors who suffered substantial losses to come forward and assist in the investigation [2][4]. - The firm is examining the systemic nature of the losses across different programs, suggesting a broader issue rather than isolated incidents [5].

Core Insights - Lockheed Martin Corp. (LMT) shares have increased by 7% over the past month, outperforming the Zacks Aerospace-Defense industry's growth of 1.6% and the S&P 500's return of 2.9% during the same period [1][10] - In contrast, industry peers Boeing Company (BA) and Embraer S.A. (ERJ) have seen declines of 7.1% and 0.9%, respectively [2] Recent Developments - Positive news announcements have contributed to the rise in LMT's stock, indicating strong demand and growth prospects for its products [3] - Notable contracts include a mid-August agreement with Poland to modernize its F-16 fleet, delivery of Black Hawk helicopters to the Philippines, and a $720 million contract for Joint Air-to-Ground Missiles from the U.S. Army [4][5] - LMT's order book for September includes a $900 million contract for Javelin missiles and a $9.8 billion award for 1,970 Patriot Advanced Capability – 3 Missile Segment Enhancement interceptors [6] Financial Outlook - The contracts are expected to drive revenue growth in the coming quarters, with a backlog totaling $166.5 billion as of June 29, 2025, and management anticipating recognition of approximately 38% of this backlog over the next 12 months [7][8][11] - LMT's international business accounts for 27.1% of total sales, with strong demand for tactical missiles, Black Hawk helicopters, and F-35 jets from various countries [12] Earnings Estimates - The Zacks Consensus Estimate for 2025 and 2026 sales indicates year-over-year improvements of 4.5% and 4.3%, respectively, while 2025 earnings estimates suggest a decline of 23.2% [14] - Near-term earnings estimates have decreased over the past 60 days, reflecting analysts' declining confidence in LMT's earnings potential [14] Valuation - LMT's forward 12-month price-to-earnings (P/E) ratio is 17.34X, which is lower than the peer group's average of 20.37X, indicating a potentially attractive valuation [17] - Embraer is trading at a premium with a forward P/E of 22.36X [18]

Group 1 - Spain has decided to cancel a €700 million deal with Elbit Systems for the PULS artillery system, although Elbit has not received official notification [1] - The PULS system is designed for launching unguided rockets, precision weapons, and missiles, with a maximum range of 300 kilometers, and aims to reduce maintenance and training costs [2] - The cancellation follows Spain's earlier decision to suspend a €285 million deal for Spike LR 2 anti-tank missiles from Rafael Advanced Defense Systems, as part of efforts to reduce technological dependence on Israel due to the ongoing conflict in Gaza [2][3] Group 2 - The Spike LR 2 missile deal included 168 launchers and 1,680 missiles, signed in October 2023, and was intended to support the Spanish army and navy [3] - The cancellation of the Rafael deal may benefit US companies Raytheon and Lockheed Martin, as Spain is considering procuring Javelin missiles from them [3]