Updated: February 18, 2016: A federal judge on Thursday denied’s motion that could have forced Corp. to stop working on a $6.7 billion Joint Light Tactical Vehicle ( ) contract while a lawsuit over that contract award continued. A week after the court decision, following “careful deliberation”, has withdrawn its protest of the contract award decision in the Court of Federal Claims.
This decision lifted the last legal obstacle from the program andCorp. can now keep working on its contract, focusing on production and delivery. The procurement of JLTV could net the company more than $30 billion over the next 25 years.
Lockheed in its motion to halt work argued that the military applied different standards to the two companies when evaluating the contract and held ‘misleading’ meetings with the company about the bid.