Malaysia seeks $251 million after Norway revokes permit, scuttling missile deal
Malaysia is seeking $251 million in compensation from Kongsberg Defense & Aerospace AS after Norway revoked an export permit for a missile defense deal. The cancellation has blocked the delivery of the Naval Strike Missile system, for which Malaysia had already made significant payments. The Malaysian government views this as a serious breach of trust that could impact international defense procurement relationships.
- ▪Malaysia's government issued a formal notice of demand for $251 million after Norway revoked an export permit.
- ▪The claim includes direct costs of 126 million euros and substantial indirect costs related to the missile system.
- ▪The deal for the NSM anti-ship missile system was signed in 2018 as part of Malaysia's naval modernization program.
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ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onMalaysia seeks $251 million after Norway revokes permit, scuttling missile dealMalaysia's government seeks $251 million in compensation from Kongsberg Defense & Aerospace AS after Norway revoked an export permitByThe Associated PressMay 19, 2026, 7:58 AM1:48Visitors are gathered next to a display of an NSM Naval Strike Missile made by Norwegian company Kongsberg, presented at the Euronaval show, in Le Bourget, North of Paris, France, Wednesday Oct. 29, 2014.
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