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Lockheed Files Protest to Overturn Army Vehicle Award to Oshkosh

  • Contractor says it offered `most capable and affordable' bid
  • Fight is over initial $6.75 billion for about 17,000 vehicles

Lockheed Martin Corp. has filed a protest seeking to overturn the U.S. Army’s choice of Oshkosh Corp. to build a new vehicle replacing the Humvee, a program potentially valued at as much as $30 billion.

Oshkosh was awarded an initial $6.75 billion contract for about 17,000 vehicles last month. The challenge pits Lockheed, the No. 1 U.S. government contractor, against Oshkosh, which ranked 99th in 2014, according to data compiled by Bloomberg.