Lockheed Sues Pentagon Over Truck Deal
17 Décembre 2015 - 7:10PM
Dow Jones News
Lockheed Martin Corp. said Thursday that it is suing the
Pentagon over its handling of a $6.75 billion military truck deal
awarded to Oshkosh Corp. in a move that could challenge efforts to
start delivering Humvee replacements to the Army next year.
The company filed the suit Wednesday in the Court of Federal
Claims under seal, and it wasn't clear if Lockheed was seeking an
injunction that would force Oshkosh to again stop work on building
the first of almost 17,000 new Joint Light Tactical Vehicles for
the Army and the Marines.
Oshkosh resumed work on the project Tuesday following a
three-month hiatus after the Government Accountability Office
dismissed a protest lodged by Lockheed in September, citing the
defense company's decision to mount a challenge in court.
Lockheed didn't comment on whether it was seeking an injunction.
"We look forward to working with all parties involved on the next
steps," the company said in a statement.
The case has been assigned to Judge Charles F. Lettow, who
earlier this year overturned the award to Exelis Inc. of a contract
to service a U.S. Air Force base in Greenland.
Lockheed is concerned about new documents that emerged during
its challenge to the Oshkosh award, according to a person familiar
with its legal challenge.
Defense analyst Byron Callan at Capital Alpha Partners LLC said
the decision to take the matter to court may suggest Lockheed had
limited confidence in the GAO's overturning the original award made
in August.
Oshkosh shares were recently down 1.5% at $39.74, with Lockheed
off 0.4% at $216.67.
AM General LLC, which had also bid on the truck, elected not to
lodge a protest.
Lockheed and partner Boeing Co. are also awaiting the results of
a joint protest lodged with the GAO against the award to Northrop
Grumman Corp. of a far larger deal to develop a new long-range
bomber for the U.S. Air Force, with a decision expected in
January.
The relative lack of long-term military-equipment deals in
recent years has made protests increasingly commonplace, though
less than a fifth of them are upheld by the GAO, a nonpartisan
government watchdog.
Write to Doug Cameron at doug.cameron@wsj.com
(END) Dow Jones Newswires
December 17, 2015 12:55 ET (17:55 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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