RUAG
Overview
RUAG MRO Holding Ltd (RUAG MRO) and RUAG International Holding Ltd (RUAG International) are two independently operating groups. RUAG International is mainly active in the aerospace markets, while RUAG MRO provides all security-related services for the DDPS. This primarily involves maintenance, repair and overhaul as well as the upkeep of mission-relevant systems such as the fighter jets.
The Confederation is the sole or main shareholder of various companies (SBB, Swiss Post, etc.). These federally-owned companies perform tasks that are in the public interest. This includes ensuring that the armed forces are equipped. The Swiss Confederation is therefore the sole shareholder of RUAG MRO and RUAG International. RUAG International will be privatised in the medium term. The two groups are directly managed by the owner, the Confederation. RUAG MRO is managed by the Federal Department of Defence, Civil Protection and Sport (DDPS) and RUAG International is managed by the Federal Department of Finance (FDF).
Federal Act on Federal Armaments Companies (FArmCA)
The adoption of the Federal Act on Federal Armaments Companies (FArmCA) in 1997 laid the basis for RUAG's foundation, and authorised the Swiss Confederation to establish, buy or invest in companies in order to guarantee the provision of equipment to the Swiss Armed Forces.
Milestones
Milestones
| Issue | Date |
|---|---|
| Implementation of RUAG unbundling | as of 1 January 2020 |
| Founding ceremony of the new RUAG holding companies | 15 November 2019 |
| Federal Council nominates board of new RUAG holding company | 23 October 2019 |
| Federal Council decides on RUAG's future |
27 June 2018 and 15 March 2019 |
| Federal Council responds to the CC-N's report |
28 September 2018 |
| CC-N report on the cyberattack on RUAG |
8 May 2018 |
| Federal Council issues unbundling mandate |
21 March 2018 |
| Cyberattack on RUAG | 2016 |