Switzerland's F-35 Jet Costs Surge Beyond $6 Billion Budget
Switzerland's procurement of F-35 jets is set to exceed the initial budget of $6 billion, raising concerns among officials. New Federal Council member Martin Pfister faces mounting pressure as costs already surpass $350 million before any jets arrive.
The government's commitment to acquiring 36 aircraft is challenged by unexpected price hikes from the U.S., potentially increasing expenses by an additional 1.5 billion francs. As Switzerland has already transferred 700 million francs, further payments of 2.3 billion francs are anticipated over the next two years.
The situation complicates negotiations with the U.S. government, especially with contrasting views from former President Trump. Pfister's role will be crucial in addressing these financial uncertainties and determining the future of the fighter jet program.
The press radar on this topic:
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