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F-35 Lightning II

Switzerland Gets State Dept OK for $16.2B in F-35, Super Hornet, Patriot Procurement Requests

The State Department has cleared Switzerland’s request to buy F-35 fighter jets, F/A-18E/F Super Hornet aircraft and Patriot Configuration-3+ modernized fire units under three foreign military sales agreements worth approximately $16.23B combined.

Switzerland requested to purchase 40 units of F-35, F-135 engines, Sidewinder AIM-9X Block II+ tactical missiles, GBU-53/B Small Diameter Bomb II, electronic warfare systems, Autonomic Logistics Global Support System, personnel training, technical and logistics support services under a potential $6.58B FMS deal, the Defense Security Cooperation Agency said Wednesday.

Lockheed Martin’s (NYSE: LMT) aeronautics business, Pratt & Whitney’s military engines business, Boeing (NYSE: BA) and Raytheon Technologies’ (NYSE: RTX) missiles and defense business will serve as principal contractors in the transaction, which seeks to help the European country deter aggression and build up its air-to-ground and air-to-air self-defense capability.

The State Department also approved a $7.45B FMS deal for the procurement of 40 F/A-18E/F Super Hornet aircraft, F414-GE-400 engines, AIM-9X Block II Sidewinder captive air training missiles, M61A2 20MM gun platforms and related weapons systems and equipment and support services to help Switzerland counter existing and future threats.

Boeing, Raytheon Technologies, Northrop Grumman (NYSE: NOC) and General Electric (NYSE: GE) will act as principal contractors in the deal, which requires the deployment of six contractor representatives to the European country on an intermittent basis.

Switzerland also asked to buy five Patriot Configuration-3+ modernized fire units and related weapons systems and support services through a $2.2B FMS transaction to further build up its missile defense capability, improve territorial defense and achieve regional stability.

Raytheon Technologies and Lockheed will serve as prime contractors in the deal, which calls for the deployment of 40 contractor representatives and 25 government personnel to Switzerland.

DSCA notified Congress of the deals Wednesday.

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