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Swiss Face Higher Fighter-Jet Cost as US Squeezes Government

Swiss Face Higher Fighter-Jet Cost as US Squeezes Government

Bloomberg19 hours ago
Switzerland faces additional costs of as much as 1.3 billion Swiss francs ($1.6 billion) to buy Lockheed Martin Corp. F-35A fighter jets after failing to push through a fixed-price deal, in another setback for the government after the US slapped surprisingly high tariffs on the country.
Negotiations between Swiss and US officials, including Defense Minister Martin Pfister and his US counterpart Pete Hegseth, failed to sway the US to consider a fixed price, according to the government. Cost overruns will be somewhere between 650 million and 1.3 billion Swiss francs, the government said.
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Anterix Inc (ATEX) Q1 2026 Earnings Call Highlights: Strong Financial Position and Strategic ...

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