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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Dassault Aviation | EU:AM | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.00 | -0.49% | 202.60 | 202.40 | 206.00 | 206.40 | 202.60 | 204.80 | 50,004 | 16:40:00 |
From May 2019 to May 2024
By Marta Falconi
ZURICH--The Swiss government Wednesday formally asked parliament to approve the planned purchase of new fighter jets manufactured by Sweden's Saab Group (SAAB-B.SK).
Parliament will discuss the budget for Switzerland's armed forces, including a credit of 3.12 billion Swiss francs ($3.28 billion) for the purchase of the jets, next year.
A year ago, the Swiss government chose the Swedish Gripen over the French-built Rafale by Dassault Aviation SA (AM.FR) and Eurofighter, made by European Aeronautic Defence & Space Co. (EAD.FR).
The planned purchase has met wide resistance. Some opponents merely contest the type of jet the government plans to buy, while others question outright if Switzerland needs a military air force at all.
If a referendum is called, which seems likely, the Swiss will vote on the purchase in 2014.
Write to Marta Falconi at marta.falconi@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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