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Legal Matters
9 Months Ended
Jun. 30, 2018
Legal Matters  
Legal Matters

Note 14 — Legal Matters

 

A former reseller of our air combat training systems in the Far East has filed a demand for arbitration seeking monetary damages for claims including tortious interference. Based upon the arbitration hearings that were held during the third quarter of fiscal 2018, we believe that the possible loss related to the torturous interference claim ranges from $0 to $2.4 million. We do not currently believe that any amount of potential loss related to this claim is probable, and no significant amounts have been accrued as expense related to any of the claims under arbitration. The arbitration proceedings now are closed, and we expect the arbitrator’s decision by the end of August 2018.

 

We consider all other matters to be ordinary proceedings incidental to our business. We believe the outcome of these other proceedings will not have a materially adverse effect on our financial position, results of operations, or cash flows.