The Globe and Mail reports in its Thursday edition that Bombardier is partnering with British defence contractor BAE Systems BAESF on a new effort to develop technological and industrial capabilities for future combat fighter jets. The Globe's Nicolas Van Praet writes that the companies signed a memorandum of understanding to explore opportunities to collaborate across several key areas, including research and development, systems integration, and work force and supply chains. Bombardier chief executive officer Éric Martel is pushing to expand its defence business as countries around the world boost their military spending. The company achieved a target to generate $1-billion (U.S.) in annual revenue from the unit by 2030, five years ahead of schedule. This summer, Canada signed on as an observer to the Global Combat Air Programme, or GCAP, a joint initiative by Britain, Japan and Italy, to develop a next-generation fighter aircraft that will enter service in 2035. Joining the GCAP, even as an observer, is part of Canada's efforts to diversify its defence ties and economic relations beyond the U.S. It could also be a prelude to one day purchasing the sixth-generation aircraft produced by the three allied countries.