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Spain joins France and Germany in race to build Europe's next fighter jet [Reuters]

SAFRAN SA UNSPON/ ADR (SAFRY) 
NASDAQ:AMEX Investor Relations: safran-group.com/finance/investor-relations
Company Research Source: Reuters
Spain joins France and Germany in race to build Europe's next fighter jet - Reuters 2 Min Read PARIS (Reuters) - Spain on Monday joined a Franco-German project to design a next-generation fighter jet, an initiative touted as key to ensuring Europe can defend itself without depending on allies in an increasingly uncertain world. Dassault Aviation and Airbus will build the warplane which is expected to be operational from 2040, with a view to replacing Dassault’s Rafale and Germany’s Eurofighter over time. The defense ministers of France, Germany and Spain signed an accord launching a trilateral framework of cooperation at the Paris Airshow, sat in front of a mock-up of the jet and with French President Emmanuel Macron applauding behind them. France’s Safran and Germany’s MTU Aero Engines will jointly develop the new warplane’s engine. Dassault and Airbus have delivered a joint industrial proposal to the governments of France and Germany. “The first demonstrator phase marks another deci Show less Read more
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