Germany's Hensoldt assessing fallout from terminated frigate programme
Germany's Hensoldt assessing fallout from terminated frigate programme BERLIN, June 30 (Reuters) - German defence company Hensoldt HAGG.DE said on Tuesday that it does not expect the termination of the F126 frigate programme to affect its short or medium-term forecast but was currently assessing the specific implications.
The total contract value for Hensoldt, which was to supply a maritime defence radar system, was just over 200 million euros, more than a third of which had already been recognised as revenue, it said.
(Reporting by Miranda Murray, editing by Linda Pasquini)
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