Sued by competitor
Today, the Kongsberg District Court served KONGSBERG a writ regarding a lawsuit being filed by the Swedish company SAAB in Poland against both the Polish Ministry of Defense and KONGSBERG. The lawsuit refers to the award of a contract which KONGSBERG signed with the Polish Ministry of Defence in December 2008 for the delivery of a coastal artillery system featuring Naval Strike Missiles (NSM). SAAB claims the contract to be declared void.
This information is subject of the disclosure requirements according to §5-12 Norwegian Securities Trading Act.