RUAG Aviation To Almost Double in Size By 2015

By Robert Hewson
BERLIN

“We are a niche player in military and civil aviation, and we are not out to beat the ‘big boys,’ On the other hand, my ambition for RUAG Aviation is to be a CHF700 million (approximately $600 million) company by 2015. We are at CHF450 million today,” says Peter Guggenbach, CEO of RUAG Aviation. “I also want to have 50% of our business outside Switzerland by 2015, which is a challenge. Ten years ago, we were a 100% Swiss military business, but national ...

---