Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Italy-UK-Japan fighter jet programme could open up to others - Italian Defence Minister

Fri, 26th Jan 2024 07:57

ROME, Jan 26 (Reuters) - Italy, Japan and Britain could open up a programme aimed at developing an advanced fighter jet to other countries, but at a later stage, Italy's defence minister said in an interview published on Friday.

The three countries in December signed an international treaty to set up the Global Combat Air Programme (GCAP) - the first major defence industry collaboration merging the separate next-generation fighter efforts of the countries.

"We will not open (the programme) to others until the initial phase will be closed," Guido Crosetto told Italian daily Il Corriere della Sera, adding many countries were interested in entering but without directly answering a question on interest from Saudi Arabia and the United Arab Emirates.

"Afterwards, with everyone's agreement, we could widen it to other countries," Crosetto added.

The aim is to see the combat aircraft in flight by 2035. The joint development phase is expected to begin in 2025.

Reuters previously reported that the GCAP may welcome other nations as junior partners, with Saudi Arabia among the contenders as it would bring money and a lucrative market to a project expected to cost tens of billions of dollars.

Related Shares

More News
8 May 2024 17:33

Europe's STOXX 600 closes at record high on earnings cheer

'Nice set' of Q1 figures drive Ahold Delhaize shares higher *

9 Apr 2024 17:26

Slide in defence stocks knocks down Europe's STOXX 600

BP gains on higher quarterly upstream energy output forecast *

9 Apr 2024 13:36

Rheinmetall leads slump after European defence sector's record run

Aerospace and defence index down 3% *

21 Jan 2024 00:01

UK to upgrade warship defence missile system used in Red Sea

LONDON, Jan 21 (Reuters) - Britain's Ministry of Defence said on Sunday it would spend 405 million pounds ($514 million) to upgrade a missile system...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.