The new JV will be accountable for the design, development and delivery of the next generation fighter aircraft and will remain the design authority for GCAP for the life of the product, which is expected to go out beyond 2070. Leonardo, BAE Systems, and JAIEC, each with a 33.3% shareholding, will bring together their strengths and expertise, marking a pivotal moment for the international Aerospace, Defence and Security industry.
According to Roberto Cingolani, Leonardo CEO and General Manager, “This partnership not only enhances our technological capabilities but also reinforces our commitment to global security and innovation. Today, we are paving the way for the development of a new era in Aircraft Systems and Multi-domain scenarios, fostering long-term sustainable growth for the economies of the involved countries.”
