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Next Generation Fighter Jet Joint Venture Formed By Three Companies

An Israeli jet fighter flies near the Gaza Strip, as seen from southern Israel, Monday, Nov. 13, 2023. (AP Photo/Ohad Zwigenberg)

The three companies involved in building a next-generation fighter jet for the U.K., Italy, and Japan have announced the formation of a joint venture to deliver the aircraft. The joint venture will be owned equally by Britain's BAE Systems, Italy's Leonardo, and Japan Aircraft Industrial Enhancement, subject to regulatory approvals.

The headquarters for the Global Combat Air Programme (GCAP) will be located in the U.K., with operations spread across all partner nations. The new business entity aims to leverage the combined strengths and expertise of the companies to develop an innovative combat air system, creating long-term, high-value jobs in the partner nations.

The jets, designed in a triangular shape, will feature supersonic capability and cutting-edge technology. Pilots will have access to a digital cockpit equipped with virtual reality technology, displaying crucial information directly in front of them.

The target timeline for the aircraft to take flight is set for 2035. The companies involved expressed confidence in meeting this deadline, emphasizing the importance of trilateral cooperation and collaboration in achieving their goals.

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