Lockheed Martin agreed to pay $29.5 million to settle allegations of employment discrimination against white employees and false certification as a federal contractor. The settlement includes $22 million to the U.S. under the False Claims Act for alleged race- and sex-based employment practices since 2019, and $7.5 million to over a thousand employees through the EEOC for race discrimination claims in pay and performance reviews. The case stems from a whistleblower lawsuit and centers on a controversial compensation program that adjusted raises based on race to clear statistical flags. Despite the settlement, Lockheed's strong sales, record backlog, and raised guidance suggest limited financial impact, though ongoing federal scrutiny poses compliance risks.
Lockheed Martin's stock price at USD 595.38 is currently trading closer to its 52-week high of USD 676.70 than its low of USD 439.19, despite a 6.83% drop in the last day as of Nov 05, 2026 02:11 WIB. The company’s market cap stands at $147.61 billion, reflecting strong investor confidence even amid recent legal settlements. On Pluang, the typical hold time is 88 days, with a slightly higher buy interest at 59% compared to 41% sell orders, indicating cautious optimism among investors.
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