NEW YORK CITY, NY / ACCESS Newswire / July 24, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Lockheed Martin Corporation ("Lockheed" or "the Company") (NYSE:LMT). Investors who purchased Lockheed securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/LMT.
Investigation Details
On July 22, 2025, Lockheed released its second quarter 2025 financial results, reporting sharply lower second-quarter earnings, including $1.6 billion in program losses. The Company disclosed it was forced to recognize $950 million in losses related to its Aeronautics Classified program due to "design, integration, and test challenges, as well as other performance issues" as well as "significant changes to its processes and testing approach." The Company also reported $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." The Company further reported a $95 million charge related to its Turkish Utility Helicopter Program due to the "current status of the program." The Company stated it is in "ongoing discussion" with its customers regarding a potential "restructure" of certain contractual terms and conditions. Following this news, Lockheed’s stock dropped.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Lockheed securities, you can assist this investigation by visiting the firm’s site: bgandg.com/LMT. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
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Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com
SOURCE: Bronstein, Gewirtz & Grossman, LLC
View the original press release on ACCESS Newswire
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