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Event Brief

Malaysia seeks US$257m from Norwegian firm over canceled missile deal

Malaysia demanded US$257 million compensation from a Norwegian defense firm after a naval missile system contract was canceled.
WHO: Malaysia's Defence Minister Mohamed Khaled Nordin
WHAT: Told parliament Malaysia is seeking compensation of 226 million euros (US$257 million) from a Norwegian defense firm over a canceled naval missile system deal.
WHEN: Jun 26, 2026 at 3:17 AM ET
WHERE: Malaysia
WHY: Malaysia says it paid about 95% of the contract value and is claiming direct losses and additional costs after the deal was canceled.

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