Swiss companies exported nearly CHF273 million ($276 million) worth of war materiel in the first half of 2019. This compares with $205 million for the same period last year.
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Armoured and other motor vehicles accounted for the largest share of exports in the first half of the year, earning CHF116.4 million, according to figures published on Tuesday by the State Secretariat for Economic Affairs (SECO).
Next come ammunition for personal shoulder weapons and handguns of all calibres (CHF75.7 million) and aircraft and unmanned air vehicles (CHF24.6 million.)
There are 57 countries on the export list. The figures are based on information provided by exporters in their export declarations.
Swiss arms exports still at odds with humanitarian tradition
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A Swiss historian explains how the “arms exports versus humanitarian tradition” paradox has been a recurrent theme since the First World War.
Switzerland participates in ASEAN foreign ministers’ meeting
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This engagement was part of a four-day tour of Southeast Asia, aimed at advancing the Swiss Federal Council's Southeast Asia Strategy.
Majority of shareholders approve sustainability reports of major Swiss companies
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Shareholders have approved the sustainability reports of the largest Swiss companies by a large majority at their annual general meetings.
EU releases €1.5B frozen assets to Ukraine: Switzerland opts out
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The EU announced the release of €1.5 billion (CHF1.44 billion) in aid to Ukraine. Switzerland will not follow the EU's approach.
Five people charged in connection with deadly Swiss rockslide
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Five people have been charged with multiple negligent homicide in connection with the deadly Bondo rockslide that occurred seven years ago.
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India cancels Pilatus aircraft purchase amid corruption probe
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The Indian Air Force has reportedly decided to forego the purchase of 38 Pilatus training planes from the Swiss manufacturer.
Financial watchdog pushes for upgrade of cyber defence
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The chief executive of the Swiss financial watchdog, Mark Branson, has called for the creation of a national cyber defence centre.
Row over ‘export ban’ to Saudi Arabia takes new turn
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Switzerland’s prosecutor's office has opened a criminal investigation in connection with the sale of training aircraft to Saudi Arabia and the UAE.
Audit confirms army was overcharged by Swiss defence firm
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On Friday, the Federal Audit Office released a summaryExternal link of its confidential report that includes claims that RUAG’s Aviation department enjoyed profit margins of 11.6-14.6% between 2013 and 2017. This was despite a ceiling of 8% agreed with the federal government. Some of the other examples of inflated costs cited include charging profit margins twice on spare parts procured from the US-based Mecanex Group supplier. However, no irregularities were found with fulfilling…
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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.