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Provider: Reuters Investment Profile
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Provider: Wright Reports
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Swiss Lower House of Parliament Backs Gripen Fighter Jets by Saab AB-Reuters

Wednesday, 11 Sep 2013 05:30am EDT 

Reuters reported that the Swiss lower house of parliament has backed Switzerland's proposed purchase of 22 Gripen fighter jets from Saab AB, a deal worth USD 3.4 billion. The deal, which will be debated by the upper house of parliament on September 18, 2013 could still be derailed by a referendum even if approved, if at least 50,000 people or eight cantons call for one within a limited timeframe. 

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1.9 +1.07%
11:29am EDT