UK and Italian Industry Companies to Partner on Air-Combat Systems
September 11 2019 - 7:42AM
Dow Jones News
By Olivia Bugault
Leonardo SpA (LDO.MI) said Wednesday that Italian industries
companies signed a statement of intent with U.K. defense firms to
partner on future air-combat systems.
The companies--which include BAE Systems PLC (BA.LN),
Rolls-Royce Holdings PLC (RR.LN) from the U.K. and Leonardo,
Elettronica, Avio SpA (AVIO.MI) and MBDA from Italy--will work on a
program named Tempest aiming at developing air combat systems.
The statement of intent follows the U.K. and Italian
governments' commitment to work more closely on combat air
capabilities, the aerospace and defense company said.
Write to Olivia Bugault at olivia.bugault@dowjones.com
(END) Dow Jones Newswires
September 11, 2019 07:27 ET (11:27 GMT)
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