Switzerland selling surplus military equipment.......
The United Arab Emirates and Chile are buying surplus Swiss Army weapon systems. The related contracts have already been signed.
Weapons and systems made redundant to Swiss requirements by the downsizing of the armed forces, or by the procurement of more modern weapons, are offered for sale to foreign armed forces. Two new contracts have recently been signed in this respect:
-- The United Arab Emirates are buying 180 M-113 armored personnel carriers belonging to the Swiss Army;
-- A contract has been signed for the sale of 24 M-109 self-propelled artillery guns to Chile.
The contractual partner for both buyers is the RUAG company. A major industrial program is tied to the sale of these vehicles, which will be refurbished and fitted out by RUAG Land Systems.
Both sales are still subject to approval by Swiss and United States authorities. Swiss law requires an export license for the export of military vehicles from the country. Furthermore, approval by United States authorities is required as these vehicles were originally supplied to Switzerland by the United States.
http://www.defense-aerospace.com/cgi-bin/c...W8&modele=jdc_1