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Switzerland to Buy 36 F-35As for $5.5 Billion

Switzerland to Buy 36 F-35As for $5.5 Billion
An Italian Air Force F-35A Lightning II assigned to the 32nd Wing, Amendola Air Base, Italy, taxis while participating in Astral Knight 2021 at Aviano Air Base, Italy on May 21 (U.S. Air Force Photo)

Lockheed Martin [LMT] has won the fighter competition to replace Switzerland's aging F-5E/F Tiger IIs and F/A-18C/Ds with 36 of the company's F-35As for nearly $5.5 billion. Under consideration in the Swiss competition were the F-35A, the Airbus Eurofighter, the Boeing [BA] F/A-18E/F Super Hornet, and France’s Dassault Rafale. Airbus and Lockheed Martin submitted their bids last November for Switzerland's up to $6.5 billion New Fighter Aircraft competition--part of the European nation’s $8 billion “Air 2030” program to modernize fighter aircraft and air…

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