America’s air force misses the target
As trailed, I have written my FT column this week on the F-22 fighter and whether it is worth the money. I conclude that the current US position – to buy a limited number and refuse to sell others to its allies – is militarily questionable and financially crazy. You can read it here and comment below. Read more
Annals of defence co-operation
Overheard on the Farnborough to London train:
A group of American defence contractors talking about a contract that was delayed by a glitch. One executive, regretfully, as if it would be the last resort: “We may have to tell the Brits about it.” Read more
| About this blog | Blog guide |
John Gapper is an associate editor and the chief business commentator of the FT.
He has worked for the FT since 1987, covering labour relations, banking and the media. He is co-author, with Nicholas Denton, of 'All That Glitters', an account of the collapse of Barings in 1995.
Andrew Hill is an associate editor and the management editor of the FT. He is a former City editor, financial editor, comment and analysis editor, New York bureau chief, foreign news editor and correspondent in Brussels and Milan.
Latest columns by John and Andrew