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Switzerland Reassesses F-35 Purchase After Pricing Talks Collapse

After dropping its fixed-price understanding for 36 jets, Bern has tasked the defense ministry to evaluate cost increases, options for fewer jets, delivery schedules by November.

An F-35A Lockheed Martin fighter jet prepares to land on a motorway, in Tervo, Finland September 21, 2023. NTB/Ole Andreas Vekve via REUTERS/File Photo
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Overview

  • Switzerland reaffirmed its commitment to buy 36 Lockheed Martin F-35A jets despite U.S. tariffs that could boost the bill by 650 million to 1.3 billion Swiss francs.
  • Intensive negotiations failed to secure a fixed total price, overturning Bern’s original 6 billion-franc budget for the fighter acquisition.
  • The government warned that final costs will depend on U.S. inflation, global commodity prices and how much of the 39 percent tariff is passed through.
  • Defense Minister Martin Pfister said Switzerland may reduce its order while emphasizing the F-35’s superior capabilities compared with other aircraft.
  • The defense ministry has until the end of November to review air-defense needs and recommend adjustments to quantities and the 2027–2030 delivery timeline.