Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
The UK has green-lit a plan to build a new multibillion-pound fighter jet with Italy and Japan, the Financial Times reported Friday.
Ministers approved of the Global Combat Air Programme at a meeting on Tuesday, according to several people familiar with the decision, the FT said.
A formal announcement is anticipated in the coming weeks.
GCAP merges Japan’s F-X programme with the UK and Italy’s Tempest project, with the aim to deliver a supersonic jet by 2035.
London-based BAE Systems PLC and Rolls-Royce Holdings PLC work alongside Rome-based Leonardo Spa and Tokyo-based Mitsubishi Heavy Industries Ltd on the programme.
Copyright 2024 Alliance News Ltd. All Rights Reserved.