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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Discovery spotlights the manufacturing journey of SERVO Lubricants by IndianOil in The Power Behind Progress

New Delhi [India], September 11: As India’s automotive and industrial landscape evolves, so does the technology and infrastructure working behind the scenes to keep it moving. Discovery’s upcoming special The Power Behind Progress takes viewers inside IndianOil’s Integrated Lube Complex at Manali Industrial Area in Chennai (TN), the world’s largest lubricant blending plant, offering a glimpse into the scale of India’s manufacturing capabilities today and the journey that brought them here. At the centre of this story is SERVO, a homegrown brand whose evolution has closely mirrored India’s own journey of industrial growth and self-reliance.

Sep 11, 2026