Arms sales increased by 4.6% worldwide in 2018 in a market dominated by the United States. Swiss defence and aerospace company RUAG kept its spot among the top 100 arms dealers, according to the Stockholm International Peace Research Institute (SIPRI).
This content was published on
1 minute
swissinfo.ch/ds
العربية
ar
رواغ السويسرية لا تزال ضمن الشركات الدولية المائة الأولى لبائعي الأسلحة
MRO Switzerland (RUAG MRO Holding AG) and RUAG International (RUAG Holding AG) will be created on January 1, 2020, under the umbrella of the new holding company BGRB Holding AG.
The world’s 100 largest arms manufacturers sold $420 billion (CHF416 billion) worth of weapons and services last year. The American arms industry has a 59% market share. Russia comes a distant second, with 8.6% of the market share just ahead of the United Kingdom (8.4%) and France (5.5%).
European companies control less than a quarter of the market overall.
Most Read Swiss Abroad
More
The citizenship obstacle course facing spouses of Swiss Abroad
This content was published on
The Ethos Foundation recommends that shareholders vote against all compensation-related items at the Annual General Meeting on March 7.
Top Swiss firms close to reaching gender quota in boards
This content was published on
The proportion of women on the boards of directors of the fifty largest listed companies in Switzerland currently stands at 28%.
Swiss committee wants to end government resignations during legislative term
This content was published on
Members of the Federal Council should no longer be able to leave office before the end of their term, according to a House of Representatives committee.
Swiss government seat: Ritter and Pfister nominated to succeed Amherd
This content was published on
Markus Ritter from St Gallen and Martin Pfister from Zug were officially nominated by the Centre Party on Friday to succeed Defence Minister Viola Amherd.
Top Swiss court rejects Russian request for administrative tax assistance
This content was published on
There is currently no reason to transmit banking information to the Russian Federation, the Swiss Federal Court has ruled.
After strike by radiologists, doctors demonstrate in Bern
This content was published on
Following a strike by radiology technicians in Fribourg, doctors, vets, dentists and chiropractors expressed their frustration on Friday outside parliament in the Swiss capital.
Government wants to privatise state-owned defence contractor
This content was published on
RUAG International, Switzerland’s state-owned arms manufacturer, should be developed into an aerospace technology group and fully privatised.
This content was published on
The audit will focus on the profits made under agreements concluded between RUAG and the Swiss army, Urs Breitmeier explained Saturday to public broadcaster SRF. In mid-December, the newspapers “Ostschweiz am Sonntag” and “Zentralschweiz am Sonntag” estimated that RUAG had overcharged the military by approximately CH40 million ($41 million) annually. The newspapers said that the profit margins for the…
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.