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

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

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

Participants in three Lockheed Martin Corp. retirement plans filed a proposed class action challenging the company’s decision ...

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

The litigation push against companies that use annuities to remove workers from their pension plans intensified over the past week, as judges reached opposite conclusions in cases against Alcoa USA ...

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

Lockheed Martin shares sold off on Friday after it was announced that Boeing was awarded a U.S. Air Force contract to design, ...

Discover the latest on the U.S. Air Force's $20B 6th-gen fighter jet contract, warplane advancements, and market updates ...

Lockheed Martin (LMT) issued the following statement after Boeing (BA) was selected to build a new, next-generation U.S. Air Force fighter jet: ...