BAE Systems, Leonardo, and JAIEC formed Edgewing.

BAE Systems, a defense, aerospace, and security company; Leonardo, an aerospace multinational; and JAIEC, a Japanese aerospace company, formed Edgewing, a joint venture to develop a next-generation combat aircraft for the Global Combat Air Programme (GCAP). Financial terms were not disclosed. “We are incredibly excited to launch Edgewing at the heart of the Global Combat Air Programme. “By uniting the strengths of our talented people in UK, Italy, and Japan, we are not only delivering the next-generation combat air system—we aim to set a new global standard for partnership, innovation and trust," Marco Zoff, Edgewing CEO.