Kahn Swick & Foti, a law firm led by former Louisiana Attorney General Charles Foti, has launched an investigation into Lockheed Martin. The company disclosed escalating losses on classified defense contracts from 2024 to 2025, despite earlier claims of disciplined bidding and oversight. Meanwhile, Lockheed's board adjusted executive bonuses to avoid impact from these losses and repurchased nearly $5 billion in stock at inflated prices. A securities class action lawsuit is ongoing, and the investigation will examine possible breaches of fiduciary duty and legal violations by Lockheed's executives and directors.
Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense...
Small-cap stocks in the U.S. market continue to be the most undervalued segment, even after their best first-half performance in over 30 years, according to Morningstar's Q3 2026 outlook. The overall market shows a modest 8% discount to fair value, b...
Xanadu Quantum Technologies and Lockheed Martin have launched a collaboration to enhance quantum computing skills among Lockheed Martin engineers through the Quantum Talent Pipeline (QTP) program. This initiative uses Xanadu's PennyLane platform and ...
Lockheed Martin reaffirmed its 2026 financial guidance with expected sales of $77.5–$80 billion, EPS of $29.35–$30.25, and free cash flow of $6.5–$6.8 billion, anticipating margin improvements in the second half of the year. The company faces near-te...
