Overview

• Plaintiffs filed the case in the Southern District of New York, captioned Khan v. Lockheed Martin Corporation, on behalf of investors who bought shares from Jan. 23, 2024 through July 21, 2025.
• The complaint claims the company made false or misleading statements, lacked effective controls over risk‑adjusted contracting and profit booking, and overstated its ability to meet cost, quality and schedule commitments.
• Investor notices cite a series of disclosures, including large pre‑tax program losses and a CFO departure, culminating on July 22, 2025 with additional charges of $950 million in Aeronautics and $570 million in RMS tied to the Canadian Maritime Helicopter Program.
• Shares fell about 11% after the July 22 disclosure, according to the filings and law‑firm notices.
• Hagens Berman, Bernstein Liebhard, Levi & Korsinsky, and Faruqi & Faruqi are recruiting class members on a contingency basis and inviting whistleblowers under the SEC program, with a lead‑plaintiff motion deadline of Sept. 26, 2025.