12:17 PM EST, 11/13/2026 (MT Newswires) -- Argo Defence Group (ARGO.ST, X5T.F) flagged delays in the formalization of the 68 million-krona water tank systems framework contract it was picked for by the Swedish Defence Materiel Administration. The award decision, announced Nov. 4, was challenged during a 10-day standstill period. An application for review was also filed with the administrative court and a judgment expected in three to four months, the Swedish defense group said Friday.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.