An “out of court” settlement has been reached between NH Industries (NHI) and Norway, marking the dramatic conclusion of the country’s more than two-decade-long struggle with the troublesome NH90 helicopter. Norway and the NHI consortium (comprising Airbus, Leonardo, and GKN Fokker) have agreed to settle mutual claims for damages after Oslo axed the NH90 contract. … Continue reading “The Cursed Chopper”! NATO’s NH90 Becomes Europe’s Costliest Flop; Norway Secures €375M Settlement From NHI
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