News
News found: 35
2025
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- 21.03.2025
- Annual report
- Media release
Zurich, March 21, 2025 - RUAG International's 2024 financial year was marked by a consistent focus on its space business. With the completion of the last divestments of non-space-related businesses, the company is concentrating on its position as a global key supplier to the space industry. RUAG International generated net sales of CHF 494.9 million (previous year CHF 620 million). EBIT amounted to CHF 19.9 million (previous year CHF 28.1 million). However, this result includes portfolio effects from divestment proceeds amounting to CHF 102.2 million. The operating result was impacted in particular by the ramp-up of the new production facilities and the necessary product improvements based on new findings from ongoing missions in the Launchers division. Additional costs were also incurred for the transformation of Beyond Gravity's business processes and digital infrastructure. The order backlog of over CHF 860 million underlines the company's solid market position. Driven by the commercial "New Space" business, the space market is developing dynamically, which offers long-term opportunities.... More
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- 28.02.2025
- Group
- Media release
Upcoming change in the Chairmanship of the Board of Directors of RUAG International Holding Ltd
The President of RUAG International Holding AG, Dr. Remo Lütolf, will reach the age limit of 70 years applicable to federal enterprises during the next election period. As agreed with the owner, he will not stand for re-election at the General Meeting on May 20, 2025. ... More
2024
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- 29.11.2024
- Group
- Media release
Zurich (CH) / Oberkochen (DE), December 2, 2024 - The acquisition of RUAG Interna-tional's Lithography Division by ZEISS SMT (Semiconductor Manufacturing Tech-nology), announced on September 5, 2024, has been successfully completed with the contractual closing. This milestone marks the transfer of more than 200 em-ployees at the sites in Zurich-Seebach (Switzerland) and Coswig (Germany) to ZEISS SMT. With the remaining divisions Launchers and Satellites, Beyond Gravity will focus entirely on the space business in the future.... More
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- 05.09.2024
- Group
- Media release
Full focus on Space: ZEISS SMT acquires RUAG International’s Lithography business
ZEISS’ Semiconductor segment, with around 7,500 employees and 7 locations worldwide, is acquiring RUAG International’s Lithography business. The acquisition is the ideal platform to further strengthen the division’s capabilities and technological leadership in the lithography field. With the expected contractual closing this year, the divestment will allow the company to fully focus on its space activities with Beyond Gravity and its Launchers and Satellites divisions.... More
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- 22.05.2024
- Group
- Media release
Change in RUAG International’s Board of Directors
RUAG International announces a change in its Board of Directors as board member and Chairman of the Audit Committee Kaspar Kelterborn decided not to stand for re-election. His successor as of May 23 will be Andreas Spreiter, an accomplished professional with a strong background in finance and strategic management, who will also take over as Chairman of RUAG International's Audit Committee. ... More
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- 20.03.2024
- Group
- Media release
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
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- 22.01.2024
- Aerostructures, Group
- Media release
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
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- 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
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- 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
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- 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