GENEVA: Switzerland and the United States are quibbling over the final price of 36 new Lockheed Martin F-35A fighter jets bought to replace the ageing Swiss fleet, Bern said on Wednesday.

The US Defence Secu­rity Cooperation Agency wants Switzerland to assume additional costs, but Bern says it is sticking to the agreed price of just over $7.5 billion at current exchange rates.

“In rece­­nt months, challenges have arisen,” Switzerland’s Fe­­deral Co­­u­ncil government said in a statement.

“From the DSCA’s point of view, Switzerland will have to bear additional costs due to the high inflation in the US in recent years and the sharp rise in raw material and energy prices in the aftermath of the Covid pandemic.” The agency told Switzerland in February that in its view, “the fixed price was a misunderstanding, without quantifying the additional costs”.

“The Federal Council is sticking to the validity of the fixed price,” it said.

Published in Dawn, June 26th, 2025

Opinion

Editorial

Spoiler alert
17 Jun, 2026

Spoiler alert

AFTER the temporary peace deal between the US and Iran is physically signed in Geneva on Friday, an arduous process...
Storm-tested cities
17 Jun, 2026

Storm-tested cities

THE deaths caused by the latest spell of monsoon rains in KP and Punjab illustrate how quickly severe weather can...
Chakwal tragedy
17 Jun, 2026

Chakwal tragedy

A NINE-year-old girl is dead because a Punjab Crime Control Department gunman mistook her family’s car for a...
A new deal
Updated 16 Jun, 2026

A new deal

AFTER three and a half months of war between US-Israel and Iran and an acrimonious temporary ceasefire, a genuine...
Charter of economy
16 Jun, 2026

Charter of economy

NO one expected the PTI to accept the government’s invitation to sign a charter of economy; just as few expected...
Hostage seamen
16 Jun, 2026

Hostage seamen

SOME 50 days on, 11 Pakistani nationals are still in Somali pirates’ captivity. Their appeals to the Pakistani and...