
Lockheed Martin [LMT], which recently lost a competition to mature designs for the U.S. Air Force's Ground Based Strategic Deterrent (GBSD), announced Aug. 30 that it has chosen not to challenge the contracts awarded to two rivals.“After receiving a debrief and reviewing information provided, Lockheed Martin has accepted the Air Force’s decision on the Ground Based Strategic Deterrent program and decided not to protest,” the company said in a statement. “We are proud of our proposal and believe it met all…