Norway to settle $3 billion NH90 helicopter claim, sources say
Norway to settle $3 billion NH90 helicopter claim, sources say
Published by Global Banking and Finance Review
Posted on November 3, 2025
Published by Global Banking and Finance Review
Posted on November 3, 2025
PARIS/OSLO (Reuters) -Norway and leading European aerospace groups are close to a legal settlement over Oslo's $3.3 billion claim for damages from NHIndustries over the cancellation of delayed NH90 sub-hunting helicopters, people familiar with the matter said.
The settlement will avoid a rare public trial over the defence procurement as well as a countersuit by NHIndustries and owners Airbus, Leonardo and GKN Fokker for hundreds of millions of dollars, ahead of a November 10 hearing.
(Reporting by Tim Hepher, Gwladys Fouche and Terje Solsvik; Editing by Tom Hogue)
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