Airbus makes a deal on fighter jets FCAS
2022.11.29 11:04
Airbus makes a deal on fighter jets FCAS
Budrigannews.com – Tuesday, the head of the European planemaker Airbus said that partners in the next phase of the Franco-German-Spanish project were convergent on contractual agreements.
The most recent remarks regarding the status of the $100 billion FCAS project came after Dassault Aviation in France appeared to deny statements made by the French and German governments that there was a deal.
Investors are anxiously awaiting talks on phase 1B, the next phase of a planned demonstrator. This has led to scrutiny of a number of recent statements with different words.
On Friday, France’s prime minister said that the two main industrial partners had reached an agreement, but Dassault said immediately after that “it is not done yet.”
The same company denied a German government statement a week earlier that suggested a deal had been reached.
When asked about the current state of negotiations, Airbus Chief Executive Guillaume Faury told reporters on Tuesday, “There is a convergence towards contracts to be signed, or being signed as we speak for some of them.”
He stated that the FCAS phase 1B will proceed once the entire contractual scheme has been agreed upon.That stage is where we are:…going into the contract,” he continued.
He stated that this was consistent with a previous Airbus statement: “There are a lot of partners, there are three governments, and as long as all this contractual setup is not finalized, and the ink is not dry, we are not at phase 1B.”
Airbus stated earlier this month that talks between the industry and governments had come to an end and that a number of formal steps needed to be taken before a contract could be signed, which it had previously stated it wanted to do by the end of the year.
In July 2017, French President Emmanuel Macron and German Chancellor Angela Merkel made the initial plans for FCAS, which will include a fighter jet and a variety of associated weapons, such as drones.Spain joined later.
According to a European source familiar with the project, partners in Europe’s rival Tempest fighter program, including Italy and Britain, are expected to sign a deal before the end of the year to combine their efforts with Japan’s.
