The Swiss government declared on Friday its plan to request parliament’s endorsement for an extra 394 million Swiss Francs ($504 million) to finance the acquisition of F-35A fighter jets.
This confirmation follows a prior decision to curtail the purchase plans from the full complement of 36 Lockheed Martin F-35A aircraft due to budgetary limits.
The previous exchange rate noted was $1 equal to 0.7821 Swiss francs.
(With inputs from agencies.)