Theresa May announces new 2 bn pounds UK-Italian fighter jet project

| Jul 16, 2018, 17:11 IST
FARNBOROUGH: Prime Minister Theresa May on Monday announced a new 2.0 billion pounds (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.

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