Swiss Government Seeks Additional Funds for Fighter Jets
The Swiss government announced its intention to request parliamentary approval for an additional 394 million Swiss Francs to fund the purchase of F-35A fighter jets. Despite initial plans, financial constraints have led to a decision to reduce the acquisition to less than the originally planned 36 aircraft.
- Country:
- Germany
The Swiss government declared on Friday its plan to request parliament's endorsement for an extra 394 million Swiss Francs ($504 million) to finance the acquisition of F-35A fighter jets.
This confirmation follows a prior decision to curtail the purchase plans from the full complement of 36 Lockheed Martin F-35A aircraft due to budgetary limits.
The previous exchange rate noted was $1 equal to 0.7821 Swiss francs.
(With inputs from agencies.)
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