Finnish Defence Forces Cancels Procurement Decision for Summa Defence Unit IntLog
Summa Defence (SUMMA.HE) said Thursday the Finnish Defence Forces Logistics Command revoked a procurement decision that had chosen its subsidiary IntLog to supply urban search and rescue containers and ended the procurement process. The Finnish defense authority plans to launch a new tender procedure after identifying material deficiencies in the original documents. The contract, announced on April 29, would have been valued at 9.5 million euros, including options. Summa Defence said it is reviewing the grounds for the decision and assessing potential legal remedies.
Summa Defence (SUMMA.HE) said Thursday the Finnish Defence Forces Logistics Command revoked a procurement decision that had chosen its subsidiary IntLog to supply urban search and rescue containers and ended the procurement process.
The Finnish defense authority plans to launch a new tender procedure after identifying material deficiencies in the original documents.
The contract, announced on April 29, would have been valued at 9.5 million euros, including options.
Summa Defence said it is reviewing the grounds for the decision and assessing potential legal remedies.