Lockheed withdraws JLTV protest

By Sebastian Sprenger / February 17, 2016 at 10:18 PM

Lockheed Martin announced on Wednesday it had withdrawn its protest against the Army's contract award to Oshkosh for production of the Joint Light Tactical Vehicle.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