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Inside information: Belgian SWATH vessel procurement award to Summa Defence Plc's subsidiary Uudenkaupungin Työvene Oy has been suspended.

REG

The ruling concerns the contracting authority's assessment of whether a certain reference submitted by Uudenkaupungin Työvene Oy satisfy a selection criterion. The Council of State found that the contracting authority had not sufficiently demonstrated that it had examined this reference in the light of one selection criterion.

The ruling does not constitute a final determination that Uudenkaupungin Työvene Oy fails to meet the selection criterion.  However, as a result of the suspension, the procurement contract cannot currently be concluded on the basis of the existing award decision.

The contracting authority DAB Vloot will determine in its discretion the next steps in the procurement procedure. At this stage, the timetable and outcome of the procurement remain uncertain.

No contract had been concluded based on the award decision announced on 30 September 2026, and the procurement had therefore not become a binding order for Uudenkaupungin Työvene Oy. The ruling does not therefore result in the cancellation of an existing contract.

The suspension does not change Summa Defence's financial guidance for 2026.

Summa Defence will provide further information if and when material developments occur.

"We are disappointed by the suspension of the procurement decisions. We remain confident in our technical capabilities and the suitability of our solution for the Belgian customer's requirements", says Juha Granqvist, CEO of Uudenkaupungin Työvene Oy.

SUMMA DEFENCE PLC

Board of Directors

Datum 2026-10-20, kl 19:30
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