Damen claims €4.7 billion from Germany over F126 frigate programme cancellation
Damen is demanding €4.7 billion in compensation from Berlin following Germany's June decision to terminate the MKS 180 (F126) frigate programme. Germany had already invested €2 billion in the programme, which faced mounting delays and cost overruns before cancellation.
Why it matters: The claim is more than double what Berlin had spent — a reminder that killing a failed programme can cost more than letting it limp forward.