Shareholders Filed a Lawsuit Against Lockheed Martin for Hiding Project Losses

Court: S.D. New York

Case: 1:25-cv-06197

On July 28, 2025, LMT shareholders have filed a class action against Lockheed Martin, accusing it of concealing contract oversight failures and misleading investors about major project risks.

What is this lawsuit about?

Between January 23, 2024, and July 21, 2025, Lockheed Martin repeatedly told investors it had strong internal controls and was executing well on key classified and international defense programs. In reality, the company was struggling with cost overruns and oversight issues tied to several major programs.

Following this, LMT dropped a combined 26.7%.

What can you do to recover your losses now?

We’re keeping track of all updates and will notify LMT investors about potential recovery.

More than 600 companies are currently facing securities class action lawsuits, and over 100 are already paying settlements. Connect your brokerage account to automatically check which ones you may have missed.