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

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 company’s own benefit. Lockheed Martin Corporation and its subsidiary ...

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

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.

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

Lockheed Martin won a follow-on order for $1.9 billion in new stealthy, long-range missiles from the U.S. Air Force. The missiles comprise separate lots within a string of more than two dozen lots ...

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 ...

Wall Street is reacting to last week's news that Lockheed Martin ( LMT -1.49%) has lost the battle to produce the Air Force's next-generation fighter. The commentary is putting new pressure on ...

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