RUAG, EADS Ink $1 Billion Eurofighter Deal
By Mike Jerram
BERLIN — A deal that could be worth up to 1 billion Swiss francs (nearly US$1 billion) was signed here June 9 between EADS Defence and Security and RUAG in the latest move to help Eurofighter win the Swiss fighter competition.
If fulfilled, the deal will count for nearly half the $2.2 billion in offsets Switzerland requires in its 100% industrial offset policy. Each of the three competing fighter teams has ...
