Market Chatter: EU Sues IBM, Atos, Leonardo Over Smart Border System Delays

01:16 AM EST, 11/09/2026 (MT Newswires) -- The European agency EU-Lisa filed a lawsuit against IBM, Atos (ATO.PA) and Leonardo SpA (LDO.MI) over delays in delivering the Schengen area's biometric border control system, London's Financial Times reported Monday. According to internal communications seen by the publication, EU-Lisa sued the consortium in its host country, Estonia, in December 2025. The Entry/Exit System, initially scheduled to become operational in 2022, was not fully deployed until 2026 after repeated setbacks involving its software and hardware components, the newspaper reported. The EU-Lisa, IBM, Atos and Leonardo did not immediately respond to MT Newswires' requests for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)