Swiss voters approve $6.5 billion purchase of fighter jets By Reuters

Telegram to pay $18.5 million, return investor money to settle


© Reuters.

ZURICH (Reuters) – Swiss voters backed the government’s plan to spend up to 6 billion Swiss francs ($6.46 billion) on new fighter jets in a surprisingly close referendum that was won with a 50.2% majority, official results showed on Sunday.

Opinion polls had shown the plan would easily win approval in a country where armed neutrality is a tradition.

Approving funding in the binding referendum will let the government decide next year among the Eurofighter from Airbus, the Rafale from France’s Dassault, Boeing (NYSE:)’s F/A-18 Super Hornet, or the Lockheed Martin (NYSE:) F35-A Lightning II.

The aircraft would replace Switzerland’s ageing fleet of 30 F/A-18 Hornets, which will go out of service in 2030.

New jets are to be delivered by 2025.

($1 = 0.9284 Swiss francs)

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *


About us

InvestLab is a financial services technology company focused on the global trading market. Founded in 2010 in Hong Kong, the company develops trading, market data, and social research products that enable individual investors and small to mid-size brokers to access global markets. We provide brokers and financial institutions cross border capabilities for retail investors into 43 markets globally.


CONTACT US

CALL US ANYTIME