Aerospace And Defence News

The latest aerospace and defence stories, summarized by AI

Pentagon takes $1bn stake in L3 Harris missile motors unit, stoking competition concerns
aerospace-and-defence4.615 min read

Pentagon takes $1bn stake in L3 Harris missile motors unit, stoking competition concerns

1 month agoSource: Financial Times
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UK, Italy, and Japan Launch Joint Venture for Next-Gen Fighter Jet
aerospace-and-defence
2.955 min1 year ago

UK, Italy, and Japan Launch Joint Venture for Next-Gen Fighter Jet

The UK, Italy, and Japan have formed a joint venture to oversee the development of a next-generation fighter jet under the Global Combat Air Programme (GCAP), aiming for completion by 2035. The venture, equally owned by BAE Systems, Leonardo, and Japan Aircraft Industrial Enhancement Co, will manage the design, development, and delivery of the aircraft. Discussions are ongoing about potentially involving Saudi Arabia as a financial partner. The project seeks to enhance defense capabilities against threats from Russia and China, with a focus on digital design and innovative engineering to reduce costs and time.

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