Britain to unveil model of new fighter jet, earmark funds: source

Farnborough, ENGLAND - 16 July 2018: Britain’s Defence Minister Gavin Williamson will unveil a model of the country’s proposed new fighter jet at the Farnborough International Airshow and earmark 2 billion pounds ($2.65 billion) in funding for the project, a source said on Monday.

The aircraft, which will eventually replace the Typhoon fighter jet, will be developed and built by partners BAE Systems (BAES.L), Rolls-Royce (RR.L) and Leonardo (LDOF.MI), the source said.