May Announces New 2 Bn UK-Italian Fighter Jet Project

Prime Minister Theresa May on Monday announced a new 2.0 billion (2.3 billion euros, $2.7 billion) programme with Italy's Leonardo to design a new generation fighter jet as Britain aims to project aerospace prowess into its post-Brexit future.

Farnborough, United Kingdom, (APP - UrduPoint / Pakistan Point News - 16th Jul, 2018 ) :Prime Minister Theresa May on Monday announced a new 2.0 billion (2.3 billion Euros, $2.7 billion) programme with Italy's Leonardo to design a new generation fighter jet as Britain aims to project aerospace prowess into its post-Brexit future.

"Today I can announce that the government will join with BAE Systems, Leonardo, MBDA and Rolls Royce to fund the next phase of the Future Combat Air System Technology Initiative through a ground-breaking partnership known as Team Tempest," she said.

rfj-dt/ser ROLLS-ROYCE HOLDINGS BAE SYSTEMS