The country could be forced to pay up to 1.3bn Swiss francs above original estimates
Lockheed Martin F-35A fighter jet during a flight demonstration at Paris Air Show 2025. Photo: Getty
Bloomberg
Switzerland faces additional costs of as much as 1.3bn Swiss francs (€1.38bn) to buy Lockheed Martin F-35A fighter jets after failing to push through a fixed-price deal. This represents another setback for the Swiss government after the US slapped surprisingly high tariffs on the country.
Negotiations between Swiss and US officials, including defence minister Martin Pfister and his US counterpart Pete Hegseth, failed to convince America to consider a fixed price, according to the government. Cost overruns will be somewhere between 650m and 1.3bn Swiss francs, it said.
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