Latest news with #GlobalCombatAirProgramme
CNA
5 days ago
- Business
- CNA
Leonardo CEO sees advantages in new entrants to GCAP fighter programme
PARIS :There are advantages of new entrants joining an Italian-British-Japanese next-generation fighter jet programme, but it's a decision for the governments involved, the head of Italian aerospace and defence group Leonardo said on Tuesday. Speaking at the Paris Airshow, Roberto Cingolani said more partners could help boost the technology of the Global Combat Air Programme. He also said that Saudi Arabia joining the programme - which has long been mooted - would open up a big market with great potential. Cingolani said he saw room for many partners in future, while reiterating that this would be a political decision. He added that the project's 2035 deadline was "serious and strict" and "we must make all efforts to meet it". "We are on schedule but it is a complex development," he added. Two sources close to the matter told Reuters last month that Japan had growing doubts that the project would meet the 2035 target, potentially forcing Tokyo to plug air defence gaps with new U.S. F-35 stealth planes or upgrades to aging jets. GCAP is an effort by Japan and its two European partners to build a next-generation fighter free from the operational restrictions that often come with purchases of U.S.-made military equipment. For example, buyers are often not allowed to do upgrades and maintenance without U.S. permission. The project is being led by Mitsubishi Heavy Industries in Japan, BAE Systems in Britain and Leonardo in Italy. France, Germany and Spain are working on a rival project, although one of its partners - Airbus - said in January it could see the two programmes combining, or at least designed to work together.
Reuters
5 days ago
- Business
- Reuters
Leonardo CEO sees advantages in new entrants to GCAP fighter programme
PARIS, June 17 (Reuters) - There are advantages of new entrants joining an Italian-British-Japanese next-generation fighter jet programme, but it's a decision for the governments involved, the head of Italian aerospace and defence group Leonardo ( opens new tab said on Tuesday. Speaking at the Paris Airshow, Roberto Cingolani said more partners could help boost the technology of the Global Combat Air Programme. He also said that Saudi Arabia joining the programme - which has long been mooted - would open up a big market with great potential. Cingolani said he saw room for many partners in future, while reiterating that this would be a political decision. He added that the project's 2035 deadline was "serious and strict" and "we must make all efforts to meet it". "We are on schedule but it is a complex development," he added. Two sources close to the matter told Reuters last month that Japan had growing doubts that the project would meet the 2035 target, potentially forcing Tokyo to plug air defence gaps with new U.S. F-35 stealth planes or upgrades to aging jets. GCAP is an effort by Japan and its two European partners to build a next-generation fighter free from the operational restrictions that often come with purchases of U.S.-made military equipment. For example, buyers are often not allowed to do upgrades and maintenance without U.S. permission. The project is being led by Mitsubishi Heavy Industries (7011.T), opens new tab in Japan, BAE Systems (BAES.L), opens new tab in Britain and Leonardo in Italy. France, Germany and Spain are working on a rival project, although one of its partners - Airbus ( opens new tab - said in January it could see the two programmes combining, or at least designed to work together.
Nikkei Asia
02-06-2025
- Business
- Nikkei Asia
EU approves Japanese, UK, Italian venture for combat aircraft
BRUSSELS (Reuters) -- The European Union said on Monday it had approved a joint venture among BAE Systems (Holdings), Japan Aircraft Industrial Enhancement Co. and Leonardo, which will be the prime contractor and lead systems integrator for the Global Combat Air Programme. The joint venture will develop a sixth-generation combat aircraft for use by the governments of Italy, the U.K. and Japan, with the potential for sales to other jurisdictions or government buyers in the future, the European Commission said.
Time of India
02-06-2025
- Business
- Time of India
EU approves British, Italian, Japanese joint venture for combat aircraft
The European Union said on Monday it had approved a joint venture between BAE Systems (Holdings) Limited, Japan Aircraft Industrial Enhancement Co Ltd and Leonardo S.p.A., which will be the prime contractor and lead systems integrator for the Global Combat Air Programme . The joint venture will develop a sixth-generation combat aircraft for use by the governments of Italy, the United Kingdom and Japan, with the potential for other sales to other jurisdictions or government buyers in the future, the European Commission said. The companies have said they would each hold a 33.3% share and that the new firm would be headquartered in Britain and its first CEO would be from Italy. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bridgetown: Unsold Furniture Liquidation 2024 (Prices May Surprise You) Unsold Furniture | Search Ads Learn More Undo Separately, France, Germany and Spain are working on their own next-generation fighter project, raising concerns from some in the industry who wonder if Europe can sustain two decades-long programmes.
Reuters
02-06-2025
- Business
- Reuters
EU approves British, Italian, Japanese joint venture for combat aircraft
BRUSSELS, June 2 (Reuters) - The European Union said on Monday it had approved a joint venture between BAE Systems (Holdings) Limited, Japan Aircraft Industrial Enhancement Co Ltd and Leonardo S.p.A., which will be the prime contractor and lead systems integrator for the Global Combat Air Programme. The joint venture will develop a sixth-generation combat aircraft for use by the governments of Italy, the United Kingdom and Japan, with the potential for other sales to other jurisdictions or government buyers in the future, the European Commission said. The companies have said they would each hold a 33.3% share and that the new firm would be headquartered in Britain and its first CEO would be from Italy. Separately, France, Germany and Spain are working on their own next-generation fighter project, raising concerns from some in the industry who wonder if Europe can sustain two decades-long programmes.
