Andrea Shalal writes that John Kent, a Lockheed spokesman, told Reuters the company made the decision after a “careful deliberation.”
The U.S. Federal Claims Court last week refused to grant Lockheed a preliminary injunction that sought to halt Oshkosh’s production of the ground combat vehicles to replace the Humvees of the Army and the U.S. Marine Corps.
Oshkosh said Friday it will continue work on the eight-year program based on the court’s decision.
Lockheed brought its JLTV contract award concerns to court after the Government Accountability Officedismissed on procedural grounds the company’s initial protest in December.
Antenna Research Associates has appointed Jay Abendroth, a seasoned defense electronics executive, as chief growth officer to lead business development…
Precise Systems has appointed Michael “Mike” Risik as vice president of business development. The Lexington Park, Maryland-based company said Wednesday Risik will…
Aerospace and defense technology company Merlin has closed its business combination with Inflection Point Acquisition Corp. IV, a special purpose acquisition company…
Raytheon, an RTX business, has received a potential $212.1 million cost-plus-fixed-fee contract to provide operations and maintenance services for a relocatable over-the-horizon…
Lockheed Martin (NYSE: LMT) has withdrawn a lawsuit it filed in federal court to challenge the U.S. Army‘s selection of Oshkosh Corp. (NYSE: OSK) for the $6.75 billion Joint Light Tactical Vehicle contract, Reuters reported Wednesday.
