Business

Rolls-Royce scales back on joining fighter jet project with Kale Group

1149678
 
1149678
LONDON: British engine maker Rolls-Royce Holdings Plc said on Sunday it had scaled back efforts to join a Turkish programme to build a new fighter jet with Turkey’s Kale Group. Talks between Kale and Rolls-Royce ran into problems last year because of a dispute about the sharing of intellectual property and the involvement of a Qatari-Turkish company, the company said. Rolls-Royce has abandoned its attempts to win the bid for the fifth-generation fighter aircraft after failing to find a compromise, the engine maker added. The Financial Times first reported the story and a Rolls-Royce spokesman later confirmed the development. Kale Group did not immediately reply to a request for comment. In 2017, Kale Group said it would set up a joint venture with Rolls-Royce to develop aircraft engines after the UK and Turkey signed a defense deal worth more than $133 million to develop Turkish fighter jets. Last year, Turkish Defence Industry Director Ismail Demir said the door remained open for international engine makers to get involved in Turkey’s TF-X national fighter jet project. — Reuters