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SP's Military Yearbook 2021-2022
SP's Military Yearbook 2021-2022
       

Global Combat Air Programme

Issue: 01-2025

BAE Systems (UK), Leonardo (Italy), and Japan Aircraft Industrial Enhancement Co Ltd (JAIEC), have reached an agreement to form a new company under a business joint venture for the Global Combat Air Programme (GCAP), subject to regulatory approvals. The agreement builds on the strong trilateral government, defence, and industrial cooperation between the UK, Japan, and Italy on GCAP since it was established in December 2022.

The new joint venture will be accountable for the design, development and delivery of the next generation combat aircraft and will remain the design authority for GCAP for the life of the product, which is expected to go out beyond 2070.

BAE Systems, Leonardo, and JAIEC will each hold a 33.3 per cent shareholding in the new joint venture, bringing together the combined strengths and expertise of three leading companies and marking a pivotal moment for the international aerospace and defence industry. All shareholders will work together to support cost-effective and timely programme delivery, including a 2035 aircraft in-service date.