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Japan, UK and Italy award $6bn contract for next-gen fighter jet

Created at 4 Jul · 9:55 AM1 source↑ Market-relevant
IN SHORT

Britain, Italy, and Japan have awarded a 4.6 billion pound ($6.14 billion) contract to industry joint venture Edgewing for the Global Combat Air Programme fighter jet. The project aims to develop a next-generation stealth fighter by 2035, with Britain committing 8.6 billion pounds over four years.

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Key Numbers

£4.6 billioncontract value for GCAP fighter jet
$6.14 billioncontract value in USD
£8.6 billionBritain's commitment over four years
2035target delivery year for fighter jet
3 to 4 meterslonger than Typhoon jet

Who's Involved

Edgewing
Industry joint venture awarded contract for GCAP fighter jet
Luke Pollard
Britain's minister for defense readiness
BAE Systems
UK-based developer of GCAP fighter jet
Leonardo
Italy-based developer of GCAP fighter jet
Mitsubishi Heavy Industries
Japan-based developer of GCAP fighter jet
Japan, UK and Italy award $6bn contract for next-gen fighter jet

↳ Why This Matters

This contract signifies a major advancement in international defense cooperation, pooling resources to develop next-generation stealth fighter technology and potentially influencing future global defense alliances and procurement.

Key facts

  • Britain, Italy, and Japan awarded a 4.6 billion pound ($6.14 billion) contract to Edgewing for the Global Combat Air Programme fighter jet.
  • Britain committed 8.6 billion pounds over four years to the project.
  • The new fighter jet is a sixth-generation stealth aircraft.
  • The target readiness date for the fighter jet is 2035.
  • Edgewing is a joint venture owned by BAE Systems, Leonardo, and Mitsubishi Heavy Industries.

Britain, Italy, and Japan have awarded a 4.6 billion pound ($6.14 billion) contract to their industry joint venture, Edgewing, to advance the Global Combat Air Programme (GCAP) fighter jet project. This development marks a significant step forward, with Britain committing 8.6 billion pounds over four years to the tri-nation effort, overcoming recent delays attributed to budget constraints.

The GCAP fighter, also known as Tempest in the UK, is envisioned as a cutting-edge stealth aircraft with a target readiness date of 2035. The collaboration aims to share the substantial costs associated with developing such advanced technology, estimated in the tens of billions of dollars, and to secure international sales.

Edgewing, headquartered in Britain, is jointly owned by BAE Systems (UK), Leonardo (Italy), and Mitsubishi Heavy Industries (Japan). The project's expansion to include other nations is being considered, with Germany identified as a potential partner due to its expertise. Saudi Arabia and Canada have also shown interest in joining the program, though any expansion would require the unanimous agreement of the founding members.

The contract award follows the collapse of a rival Franco-German fighter program, potentially reshaping European defense alliances. The new GCAP jet is expected to be larger and have a longer range than the current Typhoon military jet.

Frequently asked questions

GCAP, also known as Tempest in the UK, is a collaborative project between Britain, Italy, and Japan to develop a sixth-generation stealth fighter jet.

Edgewing is a joint venture owned by BAE Systems (UK), Leonardo (Italy), and Mitsubishi Heavy Industries (Japan).

The countries aim to have the fighter jet ready by 2035.

Germany, Saudi Arabia, and Canada have expressed interest in potentially joining the program.

What Happens Next

01Edgewing will proceed with the next phase of development for the GCAP fighter jet.
02Other nations may seek to join the Global Combat Air Programme.
03The project aims for a 2035 delivery target.

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Cadence

How It Developed

Britain, Italy, and Japan awarded a $6.14 billion contract to Edgewing for the Global Combat Air Programme fighter jet.
Britain committed 8.6 billion pounds over four years to the project.
The contract advances the project to its next phase of development.
The fighter jet is targeted for delivery by 2035.
Other countries, including Germany, Saudi Arabia, and Canada, have expressed interest in joining the program.

Sources

T1
Japan, UK and Italy award $6bn contract to advance next-gen fighter jetNikkei Asia

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