The European Commission has given the green light to a joint venture between BAE Systems, Leonardo, and Japan Aircraft Industrial Enhancement Co. to lead the development of a next-generation fighter jet.
The European Commission approved the creation of a joint venture by UK defense company BAE Systems (Holdings) Limited, Italy’s Leonardo S.p.A., and Japan Aircraft Industrial Enhancement Co. Ltd. to spearhead production of an advanced multi-role combat aircraft.
The new entity will serve as the lead contractor and systems integrator for the Global Combat Air Program (GCAP) - a trilateral initiative involving the governments of the UK, Italy, and Japan. The program’s goal is to develop a sixth-generation fighter jet with future export potential to additional countries.
According to the commission’s statement, the approval follows a standard merger review conducted within a 35-day window. The watchdog concluded that the venture would not adversely affect competition within the European Economic Area (EEA).
The joint project marks a major step in defense cooperation between European and Asian partners and reflects a broader strategy to modernize military capabilities through multinational collaboration.
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Canberra has issued a stark assessment of the changing security landscape in the Pacific, warning that Beijing is projecting force deeper into the region with diminishing transparency, complicating the delicate balance of power in the Southern Hemisphere.
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