Overview
- A securities class action, Khan v. Lockheed Martin Corp. (No. 1:25-cv-06197), has been filed in the Southern District of New York for shareholders who bought LMT stock between January 23, 2024, and July 21, 2025.
- The complaint alleges Lockheed Martin made misleading statements by failing to disclose deficient internal controls and inadequate procedures for assessing program risks.
- Lockheed’s January disclosure of a $1.8 billion pre-tax Aeronautics loss and its July reporting of $950 million in Aeronautics and $570 million in RMS charges drove the share price down nearly 11 percent.
- Plaintiff firms Hagens Berman and Rosen Law are soliciting affected investors to join the case under contingency-fee arrangements.
- No class has been certified, and the litigation remains at an early stage alongside ongoing regulatory and whistleblower inquiries.