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Schmolz & Bickenbach AG (STLN.S)

STLN.S on Swiss Exchange

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Fri, Sep 7 2018

Swiss steelmaker loses U.S. defence contract, weighs appeal

ZURICH Swiss steelmaker Schmolz+Bickenbach has lost a $420 million (325 million pounds) contract to supply the U.S. Air Force with warhead bodies used in bunker-busting bombs and is considering an appeal, it said on Friday.

Swiss steelmaker loses U.S. defense contract, weighs appeal

ZURICH Swiss steelmaker Schmolz+Bickenbach has lost a $420 million contract to supply the U.S. Air Force with warhead bodies used in bunker-busting bombs and is considering an appeal, it said on Friday.

Swiss steelmaker loses U.S. defence contract, weighs appeal

ZURICH, Sept 7 Swiss steelmaker Schmolz+Bickenbach has lost a $420 million contract to supply the U.S. Air Force with warhead bodies used in bunker-busting bombs and is considering an appeal, it said on Friday.

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