Tuesday, September 5, 2023

Japan Releases $53B Defense Budget Focused on Shipbuilding, Fighters - USNI News

Japan's Ministry of Defense requested on Thursday a record defense budget of $53 billion for Fiscal Year 2024, an increase over FY2023's budget of $46.8 billion.

Among the programs and acquisitions to be funded are construction of two Aegis-equipped destroyers, joint development with the United States of the Glide Phase Interceptor (GPI), acquisition of precision-guided missiles, construction of a new class of frigates, acquisition of F-35A and F-35B ...

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Publisher: USNI News
Date: 2023-09-01T18:58:48 00:00
Author: Dzirhan Mahadzir
Twitter: @USNINews
Reference: (Read more) Visit Source



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