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Swiss mull cancelling $380m Elbit drone deal – report

whysavetoday by whysavetoday
July 9, 2025
in Business
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Swiss mull cancelling $380m Elbit drone deal – report
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Switzerland is contemplating cancelling a $380 million drone deal, Swiss newspaper NZZ studies. The newspaper stated, “The brand new surveillance drone guarantees greater than it will possibly ship. The Swiss Ministry of Protection is contemplating canceling the deal.”

NZZ added, “The technical issues with the surveillance drones are apparently so critical that they should be accompanied by a helicopter or one other plane to keep away from collisions.” The issue with the surveillance drones is expounded to a system referred to as Detect and Keep away from, which, in accordance with the Finance Committee of the Federal Meeting (Switzerland’s legislative physique), “Carries important dangers by way of technical feasibility, licensing and prices.”




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Switzerland was instructed that the six surveillance and reconnaissance unmanned aerial automobiles (UAVs) ordered, “Would be capable of meet the necessities outlined by the Israeli producer on the earliest solely from 2029. Amongst different issues, the Swiss demanded that the drones be capable of land independently even with out GPS.”

Now, Switzerland’s Ministry of Protection is contemplating canceling the deal. “Protection Minister Martin Pfister plans to resolve by the top of the summer time whether or not to proceed the venture, scale it down or cancel it,” the newspaper reported.

“For a very long time, canceling the venture was thought-about unacceptable,” however now “persistence and belief appear to have been misplaced.”

Cancelling the deal will value the Swiss dearly as a result of the 300 million francs invested within the venture “will go down the drain.” “As well as, the Ministry of Protection doesn’t rule out a counter go well with from Elbit.”

Revealed by Globes, Israel enterprise information – en.globes.co.il – on July 9, 2025.

© Copyright of Globes Writer Itonut (1983) Ltd., 2025.


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