RUAG Holding (originally Rüstungs Unternehmen Aktiengesellschaft; Joint Stock Defense Company) is a Swiss company specialising in aerospace engineering and the defense industry. Its headquarters are located in Bern, while it also has numerous production sites in Switzerland, Germany, Sweden, Hungary, Austria, and the United States, and sales companies in Australia, UK, France, Belgium, Brazil and Malaysia. Raiffeisen Switzerland Corporate Finance advised the Swiss Federal Finance Administration in the evaluation of the privatization strategy of RUAG International AG.