Report points to billion-dollar return on Eurofighter Typhoon fighter program

Luftwaffe (German Air Force) Eurofighter Typhoon fighters.

An independent study shows that the program Eurofighter Typhoon fighter should generate a significant return in Europe, with the creation of almost 100 thousand jobs and 90 billion Euros for GDP. The report, produced by Strategy&, was published this Tuesday (09) by Eurofighter GmbH, a holding company that manages the aircraft project. 

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According to the document, which investigates Typhoon development, production and activities within partner nations – the United Kingdom, Italy, and Spain – the program's contribution over the next decade is estimated at 58 billion euros to the GDP of partner countries, considering theorders for new Eurofighter Typhoons under Spain's Halcon I and II and Quadriga programs . Within this same base scenario, the generation of 14 billion euros in tax revenue is also observed, as well as for 62.700 jobs annually. 

According to the report, Eurofighter's contribution to Europe increases significantly in the “growth scenario”, with sales opportunities of approximately 200 Eurofighter Typhoons in the domestic and export markets. 

In the most optimistic outlook for the next decade, the program is estimated to contribute 90 billion euros to GDP, generate 22 billion euros in tax revenue and create more than 98 jobs. With possible exports, near 30 percent investment from partner nations would return as tax revenue, Eurofighter claims. 

Report highlights potential growth in the return of the Eurofighter program. Image: disclosure.
Report highlights potential growth in the return of the Eurofighter program. Image: disclosure.

Jean-Brice Dumont, head of air power at Airbus Defense and Space, reinforced the potential return that the fighter aircraft program could bring to the Old Continent.

“Eurofighter is without a doubt the greatest European industrial and military project. It is a living program, like the contracts signed with for the Quadriga program (38 new Tranche 4) and with Spain for the Halcón program (20 new Eurofighters).”

The Eurofighter program began in the 1980s, with the participation of , which later left the project and continued with the independent development of the Dassault Rafale. Almost 600 Eurofighter Typhoons have been produced to date and in addition to being operated by developing countries, the model has been acquired by Austria, Saudi Arabia, Qatar, Oman and Kuwait. 

It is currently one of the most modern hunting models in the world and one of the most present in Europe. The aircraft has received a series of updates and developments to remain competent in the complex scenario of modern air combat, with modernizations to radar systems and other sensors, as well as the development of a specialized version of electronic warfare for 's Luftwaffe.

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Eurofighter Typhoon FGR.4 fighter. Photo: RAF/Disclosure.
Eurofighter Typhoon FGR.4 fighter. Photo: RAF/Disclosure.

“The Eurofighter Typhoon program directly boosts European economies and s tens of thousands of crucial jobs in the aerospace sector – benefiting the communities where we live and work. There are also significant repercussions in the regions where Eurofighter production lines are located and where the program often s SMEs, start-ups and educational institutions.”, points out Giancarlo Mezzanatto, CEO of the Eurofighter Typhoon. 

“Therefore, new orders for the Eurofighter Typhoon are essential to sustain and retain defense industry production assets in Europe. This will guarantee national and European technological independence and the resilience of industrial knowledge to core nations over a long period.”

Gabriel Centeno

Author Gabriel Centeno

Journalism student at UFRGS, spotter and military aviation enthusiast.

Categories: Military, News, News

Tags: hunting, Eurofighter Typhoon, Europe, ROI

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