The defense ministers of Japan, the U.K., and Italy have agreed to accelerate the joint development of a next-generation fighter jet, establishing a trilateral government organization, GIGO, to oversee the project, in response to threats from China, Russia, and North Korea. Private sector companies like Mitsubishi Heavy Industries, BAE Systems PLC, and Leonardo are involved in the development, with GIGO based in the U.K. and led by a Japanese official, aiming to sign the first contract next year. Despite leadership changes, progress on the project is moving forward, with Mitsubishi Heavy showcasing a model of the joint fighter jet in Tokyo.
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