Business

UK: Over £4 billion invested in next-generation fighter jet with new international contract

Jul 04, 2026

London [UK], July 4: The British Ministry of Defence announced that the £4.6 billion contract awarded to industry joint venture Edgewing, funded jointly by the three partner nations, will advance the next stage of the aircraft's design.
The contract, signed today, is a key milestone for the Global Combat Air Programme (GCAP), a groundbreaking collaboration between the UK, Japan and Italy to develop a sixth-generation combat aircraft, targeted to enter service in 2035.
It comes just after the Defence Investment Plan (DIP) confirmed this week that the UK would invest £8.6bn into the programme over four years.
Minister for Defence Readiness and Industry Luke Pollard said: ''The Global Combat Air Programme will give our pilots a cutting-edge stealth fighter jet. Signing this £4.6 billion contract alongside Italy and Japan is a major step forward towards delivery.''
Source: Emirates News Agency

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Gentle Launches in India as a Financial Intelligence Platform: Reading the Market Through the Portfolio You Actually Own

Ahmedabad (Gujarat) [India], November 3: Gentle, a new financial intelligence platform, today announced the public launch of its mobile app, aimed at helping the next generation of Indian investors track and understand their money in one place. Where existing platforms show data, Gentle interprets it, reading market events through a user’s actual holdings and translating them into a single, plain-language answer: what does this mean for my money?

Nov 03, 2026