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Investing.com -- Boeing (NYSE:BA) and Sweden’s Saab are discussing a potential collaboration with Britain’s BAE Systems (LON:BAES) to develop a replacement for the UK’s Hawk trainer aircraft, Reuters reported on Tuesday.
The talks center on creating a successor to the now out-of-production Hawk fleet, which includes the aircraft used by the famous Red Arrows aerobatic display team, the report said, citing three people familiar with the matter.
Boeing and Saab have already partnered to develop the T-7 advanced trainer for the U.S. Air Force, bringing relevant experience to the potential British project.
The British government has previously announced plans to replace its aging Hawk trainer fleet, creating an opportunity in the growing niche market for fast jet trainers.
According to the report, these discussions remain in early stages with details still being worked out, and there is no certainty that an agreement will be reached.
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