PARIS/OSLO (Reuters) -Norway and leading European aerospace groups are close to a legal settlement over Oslo’s $3.3 billion claim for damages from NHIndustries over the cancellation of delayed NH90 sub-hunting helicopters, people familiar with the matter said.
The settlement will avoid a rare public trial over the defence procurement as well as a countersuit by NHIndustries and owners Airbus, Leonardo and GKN Fokker for hundreds of millions of dollars, ahead of a November 10 hearing.
(Reporting by Tim Hepher, Gwladys Fouche and Terje Solsvik; Editing by Tom Hogue)
