I only know enough to be dangerous so...
No - there is no way with the LabVIEW FRC version BUT NI's LabVIEW Embedded tools are indeed designed to create C code from LabVIEW code. LabVIEW Embedded can then "finish the job" and port that code to specific processors. Using those tools, you do have access to the LabVIEW-generated C code. I've seen demonstrations but never used the program. It looks like a LOT of work to get it configured and running but, in the end, you can let the systems-type folks program in LabVIEW and then let the hard-core embedded SW folks "wrap it up".
http://www.ni.com/labview/microprocessor_sdk.htm
Russ