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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Lockheed Martin Corp | NYSE:LMT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -3.00 | -0.64% | 464.18 | 467.40 | 463.51 | 466.76 | 803,296 | 00:29:13 |
From May 2019 to May 2024
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 07:45 ET (12:45 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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