Dossier
naval missile system
Coverage of naval missile system in the Nexus archive.
- Malaysia demands US$257 million from Norwegian firm over axed missile deal
Malaysia is seeking US$257 million (226 million euros) in compensation from a Norwegian defense firm after a naval missile system deal was cancelled, despite having paid 95% of the contract value. The claim includes 129.86 million euros in direct losses and 96.26 million euros for additional costs, announced by Defence Minister Mohamed Khaled Nordin in parliament.
- Singha beer dynasty scandal, Malaysia’s sunken missile deal: 7 Asia highlights
Norway revoked export licenses for a naval missile system sold to Malaysia, raising questions about U.S. influence in international arms deals. The $147 million deal's collapse highlights geopolitical tensions and the impact of foreign policy on regional security.