Aug 29, 2019 SOURCE: © CTO Data Services Co.
SWITZERLAND LOWERS AIR 2030 FIGHTER OFFSET QUOTA TO 60 PERCENT
The Swiss Federal Council has decided to reduce the offset quota for the forthcoming CHF6bn ($5.94bn) Air 2030 fighter aircraft procurement from 100 percent to 60 percent. The procurement will take place at the same time as a CHF2bn ($1.98bn) procurement of ground-based air defence systems.
The Federal Council said that...
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