Companies from UK, Italy and Japan to jointly build fighter jet

LONDON, UK: Three leading defense companies in the U.K., Italy, and Japan have announced the creation of a joint venture to deliver the next-generation fighter jet under the Global Combat Air Programme (GCAP).

Britain's BAE Systems, Italy's Leonardo, and Japan Aircraft Industrial Enhancement (JAIEC) will each hold an equal share in the venture, which is subject to regulatory approval. The headquarters will be ba