France, Germany, Spain agree on moving on with FCAS warplane development - Berlin
BERLIN/PARIS, Nov 18 (Reuters) - France, Germany and Spain have reached agreement on starting the next phase of development of a new fighter jet dubbed FCAS, Europe's largest defence project at an estimated cost of more than 100 billion euros ($103.4 billion), Berlin said on Friday.
Germany's Defence Ministry said in a statement that an industrial agreement was achieved after intense negotiations, confirming an earlier Reuters story saying the three countries and their respective industries had struck a deal.