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

The two rulings, one granting Alcoa’s motion to dismiss and the other denying Lockheed Martin’s motion to dismiss, brings a ...

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

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 ...

That's actually harder to determine than you might think.

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 ...

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 ...