Swiss pick U.S. F-35 jet and Patriot missiles for defence needs

July 1, 2021


Switzerland has chosen Lockheed Martin’s (LMT.N) F-35A Lightning II as its next-generation fighter jet, the government said on Wednesday, angering opponents who have pledged a new referendum to overturn what they dubbed an unnecessary “Ferrari” option.

The $5.5 billion deal adds a 15th nation to the world’s largest weapons project – a family of interconnected, single-engine jets to be used by the United States and its allies.

It came alongside a $2.1 billion agreement to buy the Patriot surface-to-air missile system from U.S. group Raytheon (RTX.N), with European competitors losing out on both deals…

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