Lockheed withdraws JLTV protest

Lockheed Martin announced on Wednesday it had withdrawn its protest against the Army's contract award to Oshkosh for production of the Joint Light Tactical Vehicle.

The decision comes days after a judge on the Court of Federal Claims denied a request by Lockheed to have all work on the program halt until the case is resolved.

That decision apparently was enough of a sign for the company to withdraw its protest altogether.

The move came after "careful deliberation," a statement notes.