Looking at
current programs and contracts being filled, the world fighter market is
heading above $25 billion in 2018 dollars, a level not seen since the end
of the Cold War (see graph). This value merely represents annual
deliveries of aircraft; it excludes tens of billions of dollars in
related costs, such as weapons, training and support. Clearly,
Europe has a strong economic interest in spending its combat aircraft
budgets on its own industries and in pursuing export opportunities.
While the
political and economic drivers behind a new UK fighter are clearly there,
just £2 billion ($2.7 billion) is earmarked for the broader UK Future
Combat Air Strategy through 2025. Development of a next-generation
fighter alone would cost 10 times that. And it is unlikely that the UK
will fund a Tempest-class fighter on its own. The last all-UK fighter,
the English Electric Lightning, ended production about 50 years ago.
Since then, new
UK fighter concepts have led to harmonization with other European
countries and the creation of pan-European designs:
the Eurofighter Typhoon and Panavia Tornado. In both
cases, France and Sweden chose to develop their own designs.
Increasing
aircraft development costs, U.S. market dominance and European defense
budget constraints mean Europe can no longer afford three platforms. Even
two might be difficult. In the past, the UK would have been the biggest
customer and industrial participant in pan-European designs,
but Brexit greatly complicates that. While a Franco-German
alliance would be problematic due to France’s insistence on a dominant
role, it does reflect Brexit’s grim political reality. Airbus CEO
Tom Enders’ recent comments about being open to a BAE/Airbus fighter unit
merger depend on resolution of Brexit and other
difficult political obstacles.
Yet the UK holds
one very important card: its strategic and commercial relationship with
Saudi Arabia, which provided the only significant export orders for the
Lightning and Typhoon and was the sole export customer for the Tornado.
The Saudi Al Yamamah Tornado procurement program represented
tens of billions of dollars in funding and made a very big economic
difference for all three industrial partners.
Would Saudi
Arabia consider covering some of the nonrecurring costs of a new UK-led
European fighter? UK Defense Secretary Gavin Williamson stated at the
Tempest rollout: “We see this as an opportunity to collaborate with new
nations that have not usually been involved in such collaborations
before. The initial indications are exceptionally positive.”
The UK likely
sees exactly what Europe sees: For political reasons, a
second source for combat aircraft is highly desirable. Only the U.S.
has next-generation fighter programs currently underway. If Saudi Arabia
wants a second-source fighter in 2040, it might have no other choice than
to support the development of the Tempest or a pan-European fighter
leveraging Tempest design work. That makes a UK-led program more viable,
despite Brexit, funding questions and other headwinds.
Richard Aboulafia is
vice president of analysis at Teal Group. He is based in Washington. The
views expressed are not necessarily those of Aviation Week.
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