Switzerland Overhauls Defense Procurement Strategy

Government announces new policy requiring 60% domestic defense procurement and increased research investment, aiming to strengthen national security infrastructure.

Key Takeaways

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The Swiss Federal Council has adopted a new procurement strategy to save the domestic defense industry.
The new policy mandates that 60% of defense procurement should occur within Switzerland.
30% of defense procurement is targeted for European partners.
Defense research and development funding will increase to 2% of the armed forces budget by 2030.
The strategy involves stronger cooperation with Swiss universities, start-ups, and SMEs.