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News found: 31

2024

    • 20.03.2024
    • Group
    • Media release

    RUAG International is successfully driving its privatization and focusing on the fast growing space market

    In 2023, RUAG International transformed itself into a space market-focused international supplier by selling its aerostructures business. The financial year was characterized by an inflationary market environment and strained supply chains. At the same time, investments were made in the expansion of production and the digital future of the space business. Adjusted for divestment and foreign currency effects, sales increased by CHF 62 million compared to the previous year. Reported earnings before interest and taxes (EBIT) amounted to CHF 28.... More

    • 22.01.2024
    • Aerostructures, Group
    • Media release

    Further success in RUAG International's divestment strategy: Pilatus takes over RUAG Aerostructures' business in Emmen

    As a business segment of RUAG International, RUAG Aerostructures Schweiz Ltd in Emmen is selling its entire machinery to Pilatus Aircraft Ltd, in the course of which Pilatus will also gradually take over all of the approximately 230 employees at the Emmen site. RUAG International is thus achieving a further milestone in its privatisation strategy and has implemented sustainable follow-up solutions for all businesses areas and their employees and customers, outside its space business.... More

    • 03.01.2024
    • Aerostructures, Group
    • Media release

    New horizons: RUAG Aerostructures becomes part of Mubea, a leader in lightweight construction

    The Swiss aerospace group RUAG International has sold all shares in RUAG Aerostruc-tures Germany & Hungary to the German Mubea Group at the end of December 2023. The final transfer of ownership (closing) marks another successful step in the implementation of RUAG International's privatization strategy. ... More

2023

    • 21.12.2023
    • Aerostructures, Group
    • Media release

    RUAG Aerostructures Germany & Hungary extends long-term cooperation with Airbus

    RUAG Aerostructures Germany & Hungary has extended its long-standing and successful cooperation with Airbus. The business segment will supply fuselage sections and side shells for the Airbus A320 family and the Airbus A330. RUAG Aerostructures Germany & Hungary is a long-standing supplier to Airbus. In 2023, RUAG Aerostructures was also honored with the Global Supplier Award for Operational Excellence 2023.... More

    • 19.07.2023
    • Aerostructures, Group
    • Media release

    Acquisition by Mubea Group strengthens technology leadership of Aerostructures Germany & Hungary

    The German family-owned company Mubea Group, with around 14,000 employees and 50 locations worldwide, is acquiring the Aerostructures Germany & Hungary unit from RUAG International. The new owner provides the ideal platform to further expand Aerostructures Germany & Hungary's aerostructures capabilities and to further strengthen its technology leadership, reliability and flexibility as the exclusive supplier for the Airbus A320 family. ... More

    • 22.03.2023
    • Aerostructures, Group
    • Media release

    RUAG International 2022 with full order books and three successfully sold business units

    In a challenging market environment, aerospace company RUAG International achieved earnings before interest and taxes (EBIT) of CHF 178 million in 2022 (previous year CHF 70 million) – also thanks to three successfully divested business units. ... More

2022

    • 01.09.2022
    • Media release

    Sale of RUAG Australia successfully completed

    The Swiss aerospace group RUAG International has successfully transferred all shares of RUAG Australia Pty Ltd to the Australian sovereign defence, advanced manufacturing and sustainment group, ASDAM. RUAG International previously announced the signing of a sale agreement on 1st April 2022. As a result, ASDAM will take over all business activities and all employees at the Australian sites at the beginning of September.... More

    • 02.08.2022
    • Media release

    Sale of RUAG Ammotec completed

    Swiss aerospace group RUAG International has transferred all shares in RUAG Ammotec to Beretta Holding as of the end of July. Both companies had signed an agreement on the sale of the business unit on March 9, 2022. As a result, Beretta Holding is taking over all business activities as well as all employees at all production and sales sites from the beginning of August 2022. ... More

    • 09.05.2022
    • Aerostructures
    • Media release

    RUAG Aerostructures delivers 2,000th horizontal stabilizer to Pilatus

    RUAG Aerostructures celebrates delivery of the 2,000th PC-12 horizontal stabilizer to Pilatus. The two companies consolidate their long-standing partnership and additionally agree on follow-up orders for key components of the PC-21. ... More