U.S. COMPANY FILING
LOCKHEED MARTIN CORP — Form 8-K filed 2025-12-18
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Lockheed Martin executed buy-out conversions of group annuity contracts on Dec 16, 2025, transferring approximately $900 million of gross pension obligations for about 9,000 U.S. retirees to insurance companies at no additional cost. The company expects a non-cash, non-operating pretax settlement charge of about $480 million in Q4 2025, not included in prior outlook.
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