Patriot missile costs ‘could double’ for Switzerland
The Patriot missile defense system, ordered by Switzerland from the United States, could end up costing twice as much as originally planned, according to reports in Tamedia and CHMedia.
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Patriot missile costs ‘could double’ for Switzerland
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The Federal Office for Armaments would not confirm reports that prices are expected to double. A spokesperson told Swiss public broadcaster SRF that anticipated additional costs were in the range of “50% plus”.
The government had originally ordered the air defense missiles for CHF2.3 billion.
The Patriot missile defense system is not only facing increased costs. Delivery has also been delayed by several years due to the war in Ukraine. The war in Iran is likely to cause further delays, according to media reports.
In April, the Federal Council decided to halt payments to the US for the Patriot system. It furthermore stated that it did not rule out cancelling the purchase altogether and instead buying a missile defense system in Europe.
Adapted from German by AI/mga
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