Lockheed Denied Injunction Over Army Truck Deal
February 12 2016 - 7:50AM
Dow Jones News
By Doug Cameron
A U.S. judge has turned down an effort by Lockheed Martin Corp.
to force Oshkosh Corp. to again stop work on building thousands of
new trucks for the Army and Marine Corps, according to a court
filing Friday.
Oshkosh said it would continue work on the $6.75 billion deal
secured last year to build almost 17,000 joint light tactical
vehicles after a federal claims court judge refused Lockheed's
request for a preliminary injunction.
The Wisconsin-based company resumed work on the project in
January following a three-month hiatus forced by an earlier protest
lodged by Lockheed with the Government Accountability Office, which
dismissed the challenge by the world's largest defense company by
sales.
Oshkosh was selected to build the trucks last summer, beating
out Lockheed and closely held AM General LLC.
However, Lockheed's legal challenge to the contract award
continues.
Write to Doug Cameron at doug.cameron@wsj.com
(END) Dow Jones Newswires
February 12, 2016 07:35 ET (12:35 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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