Core Viewpoint - A class action lawsuit has been filed against Lockheed Martin Corporation for alleged misleading statements and lack of effective internal controls during the Class Period from January 23, 2024, to July 21, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Lockheed Martin made false and misleading statements regarding its internal controls and ability to meet contract commitments, which led to significant losses for investors [5]. - Specific allegations include the lack of effective internal controls over risk-adjusted contracts, inaccurate reviews of program requirements, and overstated capabilities in delivering on contracts [5]. Group 2: Investor Information - Investors who purchased Lockheed Martin securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm for more information [3][6]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [4]. - The firm has recovered hundreds of millions of dollars for investors, with notable achievements including over $438 million secured in 2019 alone [4].

Key Takeaways Honeywell International Inc. (HON) is thriving on the back of persistent strength in its Aerospace Technologies segment. The company continues to witness strong momentum in its commercial aviation aftermarket business, driven by solid demand in the air transport market. In the second quarter of 2025, organic sales from its commercial aviation aftermarket business increased 7% year over year. Strength in HON's defense and space business, owing to stable U.S. and international defense spending v ...

Contact Us To Participate or Learn More: LOS ANGELES, Aug. 6, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Lockheed Martin Corporation ("Lockheed Martin" or the "Company") (NYSE: LMT) have opportunity to lead the securities fraud class action lawsuit. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN LOCKHEED MARTIN CORPORATION (LMT), CLICK HERE BEFORE SEPTEMBER 26, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. ...

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SAN DIEGO, Aug. 5, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Lockheed Martin Corporation (NYSE: LMT) securities between January 23, 2024 and July 21, 2025, both dates inclusive (the "Class Period"), have until September 26, 2025 to seek appointment as lead plaintiff of the Lockheed Martin class action lawsuit. Captioned Khan v. Lockheed Martin Corporation, No. 25-cv-06197 (S.D.N.Y.), the Lockheed Martin class action lawsuit charges Lockhe ...

Core Insights - MDA Space Ltd. has been awarded contracts to equip the Royal Canadian Navy's Halifax-class ships with up to six new Uncrewed Aircraft Systems (UAS) as part of the ISTAR UAS project, enhancing maritime threat detection and monitoring capabilities [1][3] Group 1: Contract Details - The acquisition contract is valued at approximately $39 million for the initial procurement of two UAS, with options for four additional systems [2] - An in-service support contract is estimated at $27 million over an initial five-year period, with provisions for extensions up to 20 years [2] Group 2: Operational Impact - The advanced technology of the RCN-ISTAR UAS will extend the Navy's situational awareness and operational reach, supporting Canada's naval missions [3] - Initial operational capability is anticipated in 2028, with full operational capability expected in 2032 [3] Group 3: Company Positioning - MDA Space emphasizes its role as a trusted mission partner to Canada, showcasing its advanced innovation and domestic industrial capabilities to support the Canadian Armed Forces [4] - The RCN ISTAR UAS project complements MDA Space's existing capabilities in Maritime Domain Awareness, including Maritime Insights and the MDA CHORUS constellation [4]

Core Viewpoint - A class action securities lawsuit has been filed against Lockheed Martin Corporation, alleging securities fraud that affected investors between January 23, 2024, and July 21, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Lockheed Martin lacked effective internal controls regarding its risk-adjusted contracts and profit booking rate [2]. - It is alleged that the company did not have adequate procedures for comprehensive reviews of program requirements, technical complexities, schedules, and risks [2]. - 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 significant losses [2]. - As a result of these issues, the positive statements made by the defendants about the company's business and prospects were materially misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until September 26, 2025, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core Insights - General Dynamics reported Q2 2025 revenue of $13 billion, an 8.9% increase year-over-year, with three of four business segments showing gains [5][10] - The company raised its FY2025 revenue and earnings guidance, citing strong order flow and record backlog [7][46] - The Marine Systems segment saw a significant backlog increase of $14.6 billion, or 38%, primarily from Virginia class submarine contracts [7][28] Financial Performance - Operating earnings for Q2 2025 were $1.3 billion, reflecting nearly 13% growth year-over-year [8][10] - Net income was slightly over $1 billion, a 12% increase, with diluted EPS of $3.74, up 14.7% compared to the previous year [8][10] - The backlog reached a record level of $103.7 billion, up 14% from a year ago, with a total estimated contract value exceeding $160 billion [8][13] Segment Performance - **Marine Systems Segment**: Revenue of $4.22 billion, up 22.2% year-over-year, with a backlog increase of $14.6 billion [8][27] - **Aerospace Segment**: Revenue of $3.06 billion, a 4.1% increase, with operating earnings of $403 million, up 26.3% [8][18] - **Combat Systems Segment**: Revenue was $2.28 billion, flat year-over-year, but operating earnings increased by 3.5% [8][30] - **Technologies Segment**: Revenue of $3.5 billion, up 5.5%, with operating margin at 9%, down 10 basis points [8][35] Order Activity and Backlog - The company achieved a book-to-bill ratio of 2.2, driven by $28 billion in orders, particularly in Marine Systems [8][12] - The Marine segment's strong order activity was highlighted, with significant contracts for submarine construction [12][28] - GDIT experienced significantly lower contract award adjudications in the first half of 2025 compared to the same period in 2024, which may impact second-half results [6][39] Guidance and Future Outlook - The company expects approximately $51.2 billion in revenue for 2025, with an operating margin of 10.3% and EPS between $15.05 and $15.15 [46] - Capital expenditures were $198 million in Q2 2025, expected to exceed 2% of sales for the full year [16][46] - The first G800 deliveries are anticipated in Q3 2025, with about 13 deliveries expected for the year [8][20]

Financial Data and Key Metrics Changes - Adjusted earnings per share increased by 8% compared to Q2 2024, reaching $2.95 [6][18] - Organic sales growth for the quarter was 8%, with record quarterly revenue of $7 billion and segment margins expanded by 20 basis points to 23.9% [6][18] - Book to bill ratio for combined segments increased to 1.1, indicating strong demand [8][20] Business Line Data and Key Metrics Changes - **Electrical Americas**: Achieved organic sales growth of 12%, primarily driven by data center strength, which was up about 50% [18][19] - **Electrical Global**: Total growth of 9%, with organic growth of 7% and a 2-point FX tailwind [22] - **Aerospace**: Organic sales growth of 11%, with a strong backlog increase of 16% year over year [25] - **Vehicle Segment**: Experienced a decline of 8% on both total and organic basis, primarily due to weaknesses in the North America truck market [26] Market Data and Key Metrics Changes - Demand in the aerospace business remains strong, with a 10% increase in orders on a rolling twelve-month basis [25] - APAC region posted double-digit organic growth, while EMEA showed mid-single-digit recovery [22] - Major project negotiations pipeline increased by 31% year over year, indicating robust market activity [21] Company Strategy and Development Direction - The company is focusing on three strategic pillars: lead, invest, and execute for growth, aiming to accelerate growth and create sustained shareholder value [9] - Recent acquisitions, such as Ultra PCS and Resilient Power Systems, are aimed at strengthening positions in high-growth markets like aerospace and data centers [11][12] - Partnerships with companies like NVIDIA and Siemens Energy are intended to enhance infrastructure and power distribution capabilities [14][15] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trajectory, citing strong order momentum and a robust negotiation pipeline [42][44] - The company raised its guidance for organic growth to a range of 8.5% to 9.5% for the year, reflecting positive market conditions [30][31] - Management noted that while some markets are not growing, the overall outlook remains positive due to strong performance in data centers and defense aerospace [28][29] Other Important Information - The company is investing in AI and ERP systems to enhance operational efficiency and customer interaction [103][105] - There is an expectation of margin improvement as capacity ramps up and inefficiencies are addressed [101][102] Q&A Session Summary Question: What is the expectation for Electrical Americas and global orders? - Management indicated strong visibility into Q3 orders, especially in Electrical Americas, with a backlog expected to remain above one [42][43] Question: Is Electrical Americas gaining market share in the US? - Management confirmed market share gains in North America, particularly in data centers, where growth outpaced market averages [51] Question: Can you recap your data center strategy regarding gray space and white space? - The company emphasized a comprehensive strategy addressing power availability and construction speed, with partnerships and acquisitions enhancing their position [53][56] Question: What is the impact of new capacity on orders? - Management noted that new capacity is expected to strengthen orders, with ongoing investments in FiberBond to meet data center demand [143][144] Question: How is the company managing margin pressures from capacity ramp-up? - Management acknowledged current inefficiencies but expects improved margins as operations normalize and capacity increases [101][102]

LOS ANGELES, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming September 26, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Lockheed Martin Corporation ("Lockheed Martin" or the "Company") (NYSE: LMT) securities between January 23, 2024 and July 21, 2025, inclusive (the "Class Period"). IF YOU SUFFERED A LOSS ON YOUR LOCKHEED MARTIN INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENT ...