BAE signs deal to offer UK a Hawk replacement based on Boeing T-7 system
BAE signs deal to offer UK a Hawk replacement based on Boeing T-7 system FARNBOROUGH, England, July 21 (Reuters) - BAE Systems BAES.L, Boeing BA.N and Saab SAABb.ST signed a deal to advance their partnership to offer Britain a new fast-jet pilot training aircraft based on Boeing's T-7 system, as it looks for a replacement for the ageing Hawk fleet.
The trio, which last November announced they would work together, said at the Farnborough Airshow on Tuesday they were committed to a new final assembly plant and other facilities in Britain.
BAE CEO Charles Woodburn said the partnership was well-positioned to support Britain's future training requirements.
"Our offer represents a modern, integrated training solution which aligns with the ambition of the Defence Investment Plan, while strengthening the UK’s sovereign industrial capability," he said in a statement.
Britain's out-of-production Hawk, part of which is recognisable through its Red Arrows display team, is due to be retired at the end of the decade, and BAE hopes a UK order could be followed by further orders from its global customers.
The market for military training aircraft is forecast to rise to $3.7 billion by 2030 from $2.8 billion, excluding spending on support and training services, according to U.S.-based consultancy AeroDynamic Advisory.
The T-7 system will incorporate flying with advanced simulation which can train pilots to fly the Typhoon, F-35s and future aircraft such as GCAP.
The partners are currently looking for a suitable location for a final assembly plant.
(Reporting by Sarah Young; Editing by Sharon Singleton)
((sarah.young@thomsonreuters.com; +44 20 7542 1109; Reuters Messaging: sarah.young.thomsonreuters@reuters.net))
Recent news on Saab AB
See all newsBrief: Saab Launches Allied Mission System For Operations In Space
Brief: Saab Receives Order For New Gripen Computer In Sweden
Brief: Saab And GKN Aerospace To Extend Cooperation In Engine And Propulsion Systems For Gripen E/F
Sweden contributes fighter jets to NATO mission in Poland again
Press Digest: Canada - September 28