Airbus, BAE Systems to discuss fighter jet ties amid European defense shakeup

What happened: Airbus executives are preparing to meet with BAE Systems to discuss potential cooperation on a multinational next-generation fighter jet project, the Financial Times reported, citing people familiar with the plans. Key numbers: GCAP was launched in 2022 by Britain, Italy and Japan to develop an advanced stealth Why it matters: Airbus' potential involvement could create new opportunities in Europe's expanding defense industry and reshape competition among European aerospace contractors, though political disagreements over industrial participation and control remain obstacles.

Airbus executives are preparing to meet with BAE Systems to discuss potential cooperation on a multinational next-generation fighter jet project, the Financial Times reported, citing people familiar with the plans.

Airbus' potential involvement could create new opportunities in Europe's expanding defense industry and reshape competition among European aerospace contractors, though political disagreements over industrial participation and control remain obstacles.