In a Tokyo suburb, IHI is developing engines for the Global Combat Air Programme (GCAP), a collaborative effort with the U.K. and Italy to revolutionize Japan's defense arsenal.
IHI is Japan's largest maker of jet engines and is listed on the Tokyo Stock Exchange.
Set for a 2035 release, GCAP challenges Japan's post-WWII restrictions on arms and exports.
To manage enormous costs, the trio has collaborated, though the total budget remains under wraps.
The project mirrors Japan's evolving attitude towards national. . .