Lockheed Martin Class Action Lawsuit: A Magisterial Guide on Opting-Out of the Lockheed Martin Lawsuit [2025]

The Lockheed Martin class action lawsuit seeks to represent purchasers or acquirers of Lockheed Martin Corporation (NYSE: LMT) securities between January 23, 2024 and July 21, 2025, inclusive (the “Class Period”).  Captioned Khan v. Lockheed Martin Corporation, No. 25-cv-06197 (S.D.N.Y.), the Lockheed Martin class action lawsuit charges Lockheed Martin and certain of Lockheed Martin’s top current and former executives with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Lockheed Martinclass action lawsuit, or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at tmiles@timmileslaw.com.

Lead plaintiff motions for the Lockheed Martinclass action lawsuit must be filed with the court no later than September 26, 2025.

Please see the various investor resources below for an additional wealth of information.

Investor Hub: Additional Resouces

Lead Plaintiff Deadlines

Lead Plainitff Selection

Investor Resources

Frequently Asked Questions

Class Certification

Shareholder Rights

Timeline of Events

Settlement Process

Pros and Cons of Opting Out

Role of Regulatory Bodies

Corporate Governance

Emerging Trends in Securities Litigation

Investor Relations Video Hub

Report a Fraud

Allegations in the Lockheed Martin Class Action Lawsuit

Lockheed Martin is an aerospace and defense company that engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services.The Lockheed Martinclass action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

1. Lockheed Martin lacked effective internal controls regarding its purportedly risk adjusted contracts including the reporting of its risk adjusted profit booking rate;
2. Lockheed Martin lacked effective procedures to perform reasonably accurate comprehensive reviews of program requirements, technical complexities, schedule, and risks;
3. Lockheed Martin overstated its ability to deliver on its contract commitments in terms of cost, quality, and schedule; and (iv) as a result, Lockheed Martin was reasonably likely to report significant losses.

The Lockheed Martinclass action lawsuit further alleges that on October 22, 2024, Lockheed Martin announced it was forced to recognize losses of $80 million on a classified program at Lockheed Martin’s Aeronautics business segment “due to higher than anticipated costs to achieve program objectives.”

Lockheed Martin also announced it had recognized a reach-forward loss in its Rotary and Mission Systems segment “as a result of additional quantity ordering risk identified on fixed-price options,” the complaint alleges.  On this news, the price of Lockheed Martin stock fell more than 6%, according to the Lockheed Martinclass action lawsuit.

Then, on January 28, 2025, the Lockheed Martinclass action lawsuit alleges that Lockheed Martin announced it was forced to record pre-tax losses of $1.7 billion associated with classified programs at its Aeronautics and Missiles and Fire Control business, explaining that “[a]s a result of performance trends” and “in contemplation of near-term program milestones,”

Lockheed Martin had “performed a comprehensive review of the program requirements, technical complexities, schedule, and risks” based on which it recognized $555 million of losses in its Aeronautics program.

On this news, the price of Lockheed Martin stock fell more than 9%, according to the complaint.Finally, on July 22, 2025, Lockheed Martin disclosed it was forced to record an additional $1.6 billion in pre-tax losses on classified programs, including $950 million in losses related to its Aeronautics Classified program due to “design, integration, and test challenges, as well as other performance issues,” the complaint further alleges.According to the Lockheed Martinclass action lawsuit,

Lockheed Martin also recorded $570 million in losses on its Canadian Maritime Helicopter Program due in part to providing “additional mission capabilities, enhanced logistical support, fleet life extension, and revised expectations regarding flight hours.”  On this news, the price of Lockheed Martin stock fell nearly 11%, according to the complaint.

Who Can Participate in the Class Action?

The Lockheed Martinclass action lawsuit primarily affects investors who purchased shares during the defined class period and subsequently incurred losses. If you bought securities from 3D Systems between January 23, 2024 and July 21, 2025, you may be eligible to join the class.

To determine your eligibility, consider the following:

• Investment Timing: Ensure your purchase falls within the specified class period.
• Financial Losses: Assess whether you experienced a financial loss as a result of the alleged misconduct.

If you meet these criteria, you may have the right to seek compensation through the class action.

The Process of Opting Out

Investors have the option to opt out of the class action lawsuit, which allows them to pursue individual claims rather than participating in the collective action. This decision can be influenced by various factors, including the perceived strength of individual claims and the desire for greater control over the litigation process.

Reasons to Opt Out

1. Stronger Individual Claims: Some investors may believe their claims are more robust than those of the class, potentially leading to higher recovery if pursued independently.
2. Control Over Legal Strategy: Opting out allows investors to select their legal representation and dictate the direction of their case, which can be appealing for those with significant holdings.
3. Confidentiality: Individual lawsuits can be settled privately, providing a level of discretion that class actions may not afford.

Risks of Opting Out

While opting out can offer advantages, it also comes with significant risks:

• Higher Legal Costs: Individual litigation often requires substantial financial resources, including upfront legal fees.
• Inconsistent Outcomes: There is no guarantee that an individual lawsuit will yield a more favorable outcome than a settlement in the Lockheed Martinclass action lawsuit.
• Extended Legal Process: Individual claims may take longer to resolve due to separate discovery processes and court appearances.

Steps to Opt Out of the 3D Systems Lawsuit

If you decide to opt out of the Lockheed Martinclass action lawsuit, follow these steps to ensure your interests are adequately represented:

1. Consult Legal Counsel: Seek advice from an attorney experienced in securities litigation to evaluate your options and develop a strategy.
2. File a Notice of Opt-Out: Submit a formal notice to the court indicating your decision to opt out of the Lockheed Martinclass action lawsuit. This document should include your contact information and details about your investment in Lockheed Martin.
3. Prepare for Individual Litigation: Work with your attorney to gather evidence, develop your case, and prepare for potential legal proceedings.
4. Monitor the Class Action: Stay informed about the progress of the class action, as developments may impact your individual case.

The Role of the Lead Plaintiff

In a class action lawsuit, a lead plaintiff is appointed to represent the interests of all class members. This individual typically has the largest financial stake in the case and is responsible for guiding the litigation process.

Responsibilities of the Lead Plaintiff

• Directing the Lawsuit: The lead plaintiff works closely with legal counsel to make strategic decisions regarding the Lockheed Martinclass action lawsuit.
• Communicating with Class Members: They keep other ininformed about the progress of the Lockheed Martinlawsuit  and any significant developments.
• Negotiating Settlements: The lead plaintiff plays a crucial role in negotiating potential settlements on behalf of the class.

How to Become a Lead Plaintiff

If you wish to serve as the lead plaintiff in the Lockheed Martinclass action lawsuit you must file a motion with the court by the deadline of August 12, 2025. This motion should demonstrate your financial interest in the case and your ability to adequately represent the class.