Federal Council decides on the future of the RUAG technology corporation
Bern, 18.3.2019 - At its meeting on 15 March 2019, the Federal Council approved unbundling procedures for the sections of RUAG that perform services for the armed forces. At the same time, it decided that RUAG International should be developed into an aerospace technology group and fully privatised in the medium term. The Federal Council takes the view that this approach will best meet the armed forces' needs and take account of the Confederation's ownership interests and Switzerland's position as a location for work and technology.