The Japanese government on Friday approved a record-high defense budget of 5.19 trillion yen ($46 billion) for fiscal 2018 to boost its missile defenses against the growing threat from North Korea, breaking the record for the sixth consecutive year.
One of the major highlight of the budget draft is the ¥2.2 billion allocation to procure Japan’s first long-range cruise missiles mountable on fighter jets. The Joint Strike Missile by Norway’s Kongsberg Defense & Aerospace AS, with a range of about 500 km, will be loaded on F-35A stealth fighters.
The Cabinet also earmarked about 96.4 billion yen to acquire 3900 tons class destroyers. The government plans to build two destroyers of a new type, which can engage in diverse missions with a downsized vessel body, allocating 92.2 billion yen in purchases costs.
Prime Minister Shinzo Abe's government, which has strengthened Japan's defense capacities amid the growing North Korean and Chinese threat, has kept around 730 million yen aside in the budget to prepare for the introduction of the U.S.-developed land-based Aegis missile defense system.
The ministry has also allocated ¥78.5 billion to buy six F-35As, ¥39.3 billion to obtain four V-22 Osprey tilt-rotor transport aircraft and ¥14.7 billion for RQ-4 Global Hawk surveillance aircraft procurement.
The Japanese government has approved to deploy two land-based Aegis Ashore missile defense system at a cabinet meeting held on Tuesday. The government plans to deploy two Aegis Ashore systems to cover Japan's entire territory, possibly to become operable by fiscal 2023
Japans Ministry of Defense has disclosed that the cost for two batteries of the Aegis Ashore missile interception system it intends to procure from the United States is over 200 billion yen (US$ 1.7 Billion) which will be added to the national budget from fiscal 2019 onwards
Japans defense ministry has requested additional 730 million yen (US $6.4 million) in the next fiscal years budget plan to introduce two land-based Aegis missile defense systems
The Japanese government is set to begin research on anti-ship missiles with ground-attack capabilities from fiscal 2018 and complete a test model by fiscal 2022. In the meantime, the government plans to introduce the Lockheed Martins AGM-158B Joint Air-to-Surface Standoff Missile – Extended Range (JASSM-ER) system and the Joint Strike Missile (JSM) produced by Norways Kongsberg,
Japan will develop a new aircraft to succeed its F-2 fighter after rejecting proposals Lockheed Martin, Boeing and BAE System to supply new jets. Some 92 F-2s of the Japan Air Self-Defense Force are expected to reach the end of their service life in the 2030s to replace which the Japanese government has sought bids from Lockheed Martin for its F-22, Boeing for its F-15, and BAE Systems for its Eurofighter Typhoon
The Japanese Maritime Self-Defense Forces new Aegis-equipped destroyer Maya will be equipped with the US-supplied Standard Missile-6 system to shoot down cruise missiles, according to informed sources, Jiji Press reported. The Maya destroyer plans to carry out an interception test in the United States in 2022, the sources said
Japan launched a satellite yesterday to monitor North Korean military facilities on a day when US President Trump and NK leader Kim Jong-un met in Singapore to reduce tensions. The Japan Aerospace Exploration Agency (JAEA) on Tuesday launched a H-IIA rocket carrying an intelligence-gathering satellite from the Tanegashima Space Center in Kagoshima Prefecture, Kyodo News reported
The US State Department has approved a sale of four Standard Missile-3 (SM-3) Block IIA missiles for an estimated cost of $133.3 million to Japan, the Defense Security Cooperation Agency (DSCA) announced Tuesday
A US Marine Corps AH-1 attack helicopter made an emergency landing in Japans Okinavwa islands in a second incident in three days. A Marine Corps AH-1 attack helicopter with two people aboard landed in a field at a waste disposal site in the town of Yomitan on Okinawa's main island, according to Japanese media reports
Boeing has been awarded a $288 million contract for one KC-46A aircraft for Japan. The face value is not-to-exceed $19
Elbit Systems Pitches For Lockheed Martin F-21 Jet Project in India
Rheinmetall Wins €470M To Equip NATO Taskforce with 41 Puma IFVs, Related...
Bulgaria To Axe Defense Procurement Projects, Increase Budget Deficit to Finance $1.25B...
Germany’s Puma IFV Exceeds Initial Manufacturing Costs by Euro 2.9 Billion
Design of Russian-made 'World's Fastest Helicopter' Ready
India To Give The Final Go-ahead To $1.7 Billion C-295 Transport Aircraft
China offers Two-seat Fighter Trainer FC-1B for International Sales
Two New Russian Ivan Gren-class Warships Likely To Be Helicopter Carriers
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...
Russian fifth generation fighter aircraft (FGFA) Su-57 will for the first time perform flights during the ARMY 2018 event near...
The American-made Patriot and Russian S-400 Triumf air defense systems are currently hogging international orders despite their price tags running...