IlluMyFi

Joint-venture hailed as a ‘pivotal moment’ for the international aerospace and defence industry

Plans to develop a sixth-generation British fighter jet to rival America’s have taken a step forward with a deal to form a new company comprising defence and aerospace firms from the UK, Italy and Japan.

BAE Systems, Italy’s Leonardo and Japan Aircraft Industrial Enhancement Company (JAIEC), which each hold a third of the as-yet-unnamed joint-venture is expected to be established by the middle of next year.

Sentiment

-0.39

Bearish/Bullish

22.12.24 07:00

by theguardian.com

Faced with Trump and Farage, Britain’s natural ally is Europe | William Keegan

The Labour party’s determination to stick to Brexit simply condemns the UK to fight a lone hand against the far-right forces ranged against it

The sight of other world leaders toadying up to the US president-elect – the criminal Donald Trump – and his henchman Elon Musk is distasteful enough, but in the world of realpolitik they probably feel they have no option.

The great American journalist HL Mencken did not live to see the fulfilment of his 1920 prophecy that “one day the White House will be occupied by a downright fool and complete narcissistic moron” but he is no doubt turning in his grave.

United States of America