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

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

A whistleblower suit alleging that Boeing Co., Lockheed Martin Corp., and other contractors improperly billed the US Defense ...

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

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 ...

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

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 ...

March 31 (Reuters) - Lockheed Martin (LMT.N), opens new tab on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion to produce Precision Strike Missiles (PrSM).

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

Canadian Prime Minister Mark Carney on Tuesday said if his ruling Liberals won a general election on April 28, Ottawa would ...