Key facts
- Malaysia is seeking $257 million from Norwegian firm Kongsberg Gruppen.
- The demand is related to a canceled missile defense system deal.
- The Malaysian Ministry of Defence has initiated arbitration proceedings against the firm.
Malaysia is demanding US$257 million from Norwegian firm Kongsberg Gruppen in relation to a canceled missile defense system deal. The Malaysian Ministry of Defence has initiated arbitration proceedings against the firm.
The dispute centers on a contract for the supply of the National Advanced Surface-to-Air Missile System (NASAMS). Malaysia had signed the deal with Kongsberg in 2011, with deliveries expected to commence in 2015. However, the project was reportedly canceled by Malaysia in 2018 due to funding issues and a change in government.