Swiss Army Grounds M113 Again: Procurement Risks – February 12
The Swiss Army M113 has been grounded again after Switzerland imposed an immediate driving ban on all 238 vehicles due to side-drive defects. This is the second fleet halt since 2023, underscoring the strain on a 50-year-old platform. For investors, the repeat failure raises near-term risks around maintenance budgets, procurement timelines, and supplier performance. We explain what this means for operations, Swiss defense procurement, and armored vehicle replacement options, and outline key policy and contract signals to monitor in the coming weeks.
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