Lockheed Martin reports $1.6 bln in program losses, Q2 earnings sharply lower.

• Lockheed Martin reports $1.6B Q2 loss due to design and testing issues • Aeronautics Classified program losses reach $950M • Program changes and performance issues cited as reasons for losses • $570M in losses reported from other programs • Investigation launched into potential securities fraud or unlawful business practices • Investors advised to contact Danielle Peyton at Pomerantz LLP • Deadline to join class action not specified • Lockheed Martin Corporation stock on NYSE: LMT

Lockheed Martin Corporation (LMT) reported a significant loss of $1.6 billion in its Q2 2025 financial results, primarily due to design and testing issues. The company's Aeronautics Classified program alone incurred losses of $950 million, while other programs contributed an additional $570 million in losses. These figures have sparked an investigation into potential securities fraud or unlawful business practices.

The company cited program changes and performance issues as the primary reasons for the substantial losses. On July 22, 2025, Lockheed Martin disclosed the additional losses, which followed previous announcements of losses on October 24, 2024, and January 28, 2025 [2].

Investors are advised to contact Danielle Peyton at Pomerantz LLP for more information. A class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Lockheed Martin securities between January 23, 2024, and July 21, 2025 [3]. The lawsuit alleges that Lockheed Martin misled investors regarding its business prospects by failing to disclose crucial information about its internal controls and contract commitments.

The investigation into potential securities fraud or unlawful business practices is ongoing. Investors are encouraged to review the details of the case and consider their options for participating in the class action lawsuit. The deadline to join the class action has not been specified.

References:
[1] https://www.morningstar.com/news/globe-newswire/9504340/lockheed-martin-lmt-faces-investor-scrutiny-over-companys-disclosures-about-aeronautics-and-rms-segments-performance-securities-class-action-pending-hagens-berman
[2] https://www.prnewswire.com/news-releases/investor-alert-robbins-llp-informs-investors-of-the-lockheed-martin-corporation-class-action-lawsuit-302519115.html
[3] https://www.morningstar.com/news/pr-newswire/20250801ny42204/levi-korsinsky-reminds-lockheed-martin-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-september-26-2025-lmt