Both firms, and many more, have been sued by employees in class action lawsuits over the PRT deals made with insurance ...

That lawsuit, Konya et al. vs. Lockheed Martin Corp., was filed in U.S. District Court in Baltimore in March 2024 and alleges the defense and aerospace company violated its ERISA fiduciary duties ...

Lockheed Martin on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion to produce Precision Strike ...

The lawsuit alleges that Lockheed Martin used underperforming target-date funds with high fees in its 401(k) plans for the company’s own benefit. Lockheed Martin Corporation and its subsidiary ...

plans’ assets,” the lawsuit said. Plaintiffs accused Lockheed Martin of violating ERISA’s duty of prudence, due to the allegedly poor investment performance, and the duty of loyalty ...

A lawsuit against Lockheed Martin over pension risk transfers it conducted with Athene will continue, whereas a similar lawsuit against Alcoa Corp. was dismissed.

Participants in three Lockheed Martin Corp. retirement plans filed a proposed class action challenging the ... participants said in a complaint filed Wednesday in the US District Court for the ...

Lockheed Martin announced Monday that the U.S. Army had awarded it a contract worth nearly $5 billion to produce its next-generation long-range precision strike missile. The contract is worth up ...

Lockheed Martin has been part of all NASA Mars missions to date and it has been part of every single sample return mission to date. And, with the Mars Sample Return mission on the horizon ...