Damen seeks $5.23 billion from Germany over canceled frigate deal: report
Berlin is considering a $2.59 billion counterclaim against the Dutch shipbuilder, according to BILD.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
Dutch shipbuilder Damen is seeking $5.23 billion from Germany over a canceled frigate project, according to a report by Germany's BILD newspaper, relayed by Anadolu Agency.
Damen says the payment covers its contractual obligations tied to the now-canceled project, the report said. Berlin, meanwhile, is considering a counterclaim of its own worth $2.59 billion, according to BILD's reporting.
The report did not specify which frigate program was canceled, when the cancellation occurred, or the stage of any legal or arbitration proceedings between the two sides.
Sources
- Dutch shipbuilder seeks $5.23B from Germany for canceled frigate project: Report — Anadolu Agency (Turkey)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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