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

The lawsuit alleges that Lockheed Martin used underperforming target-date funds with high fees in its 401(k) plans for the ...

The aerospace firm violated its fiduciary duties by using an in-house service provider and affiliated target date funds, ...

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

Related: Corporations are chugging ahead on deals to offload pension liabilities. Lawsuits aren't slowing them down.

Current and former employees of Lockheed Martin have sued the company and fiduciaries of three retirement plans, alleging the ...

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, filed in 2017 ... the agreement said. “Lockheed Martin is pleased to resolve this matter and avoid litigation,” ...

Lockheed Martin hired fellow defense contractor Northrop Grumman Systems ... according to his November 2012 lawsuit. Solomon says in the whistleblower complaint that he discovered Lockheed and ...

Lockheed Martin plans to unveil a new “affordable” cruise missile on Monday with a cost of about $150,000 and a range of over 500 miles as the defense contractor works to tap a U.S. need to ...