Japan Set To Hike Defense Budget 26.3%, Triple Weapons R&D

Japan is set to triple its weapons research and development (R&D) budget to ¥896.8 billion ($6.68 billion), nearly half for standoff missiles and missile defense capabilities, to prepare for threats from neighboring China, Russia and North Korea. The surge is part of Tokyo’s latest fiscal 2023...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

Subscription Required

 

Japan Set To Hike Defense Budget 26.3%, Triple Weapons R&D is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.