Search

Zurich, March 13, 2026 – Astrid Schnidrig, Prof. (h.c.) Dr. Lutz Bertling, and Dr. Michael Menking are proposed for election to the Board of Directors of RUAG International Holding AG at the Annual General Meeting on April 20, 2026. With these nominations, the Board of Directors’ competence profile will be strengthened in a targeted manner, particularly in the areas of space, technology, and innovation expertise that are critical to the further development of Beyond Gravity. The Federal Council has approved the nominations.

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.

The Board of Directors of RUAG International Holding AG has appointed Dr. Barbara Frei-Spreiter as the new CEO of RUAG International and Beyond Gravity. She will assume the role on April 7, 2026.

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.

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.

RUAG International has entered exclusive negotiations with Thales to sell all business activities in the field of Simulation & Training (RUAG S&T). Thales has the strong intention to take over the entire business activities as well as all 500 employees of RUAG S&T.

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.

Zurich, March 24, 2026 – RUAG International’s 2025 fiscal year was marked by operational challenges and new strategic directions. With the divestment of several non-space-related business areas now largely completed, the company has consistently focused on its space business. Within Beyond Gravity, RUAG International’s space business, the Satellites division once again delivered profitable growth. The Launchers division achieved important new milestones in product development and market positioning. Product improvements as well as the capacity ramp-up, which proved more demanding than planned, had a significant negative impact on the result. At the same time, investments in production capacity, transformation, and digitalization proceeded according to plan. While these investments weigh on earnings, they will strengthen the company’s efficiency, scalability, and competitiveness in the medium term. Following the parliamentary decision in spring 2025, Beyond Gravity will remain under the ownership of the Swiss Confederation and is undergoing a strategic realignment.

Questions and Answers about the rebranding of RUAG Space (incl. RUAG Corporate Services) to Beyond Gravity.

RUAG International reported negative EBIT and declining sales in the first half of 2020, due in particular to the COVID-19 pandemic. Net sales decreased by 10.9 % to CHF 570 million (previous year’s period: CHF 640 million). EBIT fell to CHF -42 million (CHF -11 million).