Judgement in Saab's favour in DACCIS trial

The Maritime and Commercial Court in Copenhagen has in a judgement today dismissed the Danish Defence Acquisition and Logistics Organization’s (DALO) claim against the defence and security company Saab. According to the judgement, DALO has been ordered to pay MDKK 32 (about MSEK 40) plus interest in damages to Saab as well as to reimburse Saab's court costs by approx. MDKK 5 (about MSEK 6). The background for the judgement is the cancelled contract for the DACCIS command and control system.

"Saab's opinion is that DALO's claim was unfounded. We now note that the court share our opinion," says Gunilla Fransson, head of Saab's Security and Defence Solutions business area.

The background to the trial is that DALO in February 2008 terminated a contract with Saab for the DACCIS command and control system, phase two, despite ongoing negotiations for a supplementary agreement. Development of DACCIS for the Danish Army had been underway since 1998 and work with the current phase since 2005. According to DALO, DACCIS did not comply with the specified requirements. DALO therefore terminated the contract and demanded a refund of the paid amount for the second phase of the DACCIS agreement.

 

Saab's standpoint has always been that the termination was incorrect since the development stage of DACCIS obligated DALO to continue the project. This was confirmed by the Maritime and Commercial Court today.

 

The Maritime and Commercial Court's judgement can be appealed.

Simultaneously with the DACCIS case, the court decided an ordinary invoice dispute and dismissed Saab's additional claim for approx. MDKK 10.

The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was released for publication on 10 September at 11.45.

 

The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was released for publication on 10 September at 11.45.
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