France, Germany, and Spain have reached an agreement on the next stages of development of the new fighter, the largest defense project in Europe, with an estimated cost of over EUR 100 billion, Reuters reported.
France, in particular, called the combat jet project, which includes the next generation of manned and unmanned aerial vehicles, as a decisive step for Europe in strengthening its defense autonomy.
The next development phase of the Future Combat Air System (FCAS) is expected to cost EUR 3.5 billion.
France, Germany, and Spain are creating one of the most important instruments of their sovereignty and European sovereignty in the 21st century, French Defense Minister Florence Parly tweeted.
French company Dassault Aviation, German Airbus, and Spanish Indra are participating in the project to replace French Rafale, as well as German and Spanish Eurofighter fighters from 2040.