Companies from UK, Italy and Japan to form joint venture for new fighter jet
next generation fighter jet for the UK, Italy and Japan revealed Friday that they are forming a joint venture to deliver the aircraft. The triangular-shaped jets will have supersonic capability and cutting-edge technology. Pilots will be able to use virtual reality in the aircraft's digital cockpit, with vital information displayed directly in front of them.
The aim is that they will take to the skies by 2035.
Under the agreement, Britain's BAE Systems, Italy's Leonardo and Japan Aircraft Industrial Enhancement will each own a third of the new joint venture, which will be subject to regulatory approvals.
«This agreement is the result of an intensive journey made possible by pooling our mutual and shared experiences,» said Roberto Cingolani, Leonardo's chief executive.
The headquarters for the Global Combat Air Programme, or GCAP, will be the UK, but operations will take place in each of the partner nations. Under the terms of the agreement, the first chief executive will come from Italy.
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