LSB Industries settles with Benham for $20.9M; continues pursuing Leidos claims >$300M

LSB INDUSTRIES, INC.

Settlement with Benham Constructors for approx. $20.9 million, payable within 60 days of March 26, 2026.
All claims between LSB and Benham dismissed with prejudice; no admission of liability by either party.
LSB continues prosecution against Leidos Inc. and Leidos Engineering, seeking actual and punitive damages exceeding $300 million.
Trial for claims against Leidos is scheduled to begin in October 2026.

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