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The budget also includes 1.25 trillion yen ($8.78 billion) to bolster Japan's missile defense systems, including construction of two Aegis-equipped warships for deployment in 2027-2028 at a cost ...
The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies .
Japan’s Defense Ministry on Friday sought a record 8.5 trillion yen ($59 billion) budget for the next year to fortify its deterrence on southwestern islands against China’s increasing threat.
The military budget of Japan is the portion of the overall budget of Japan that is allocated for the funding of the Japanese Self-Defence Forces.This military budget finances employee salaries and training costs, the maintenance of equipment and facilities, support of new or ongoing operations, and the development and procurement of new weapons, equipment, and vehicles.
Defense officials were also focusing on unmanned weapons and artificial intelligence to make up for the declining number of servicemembers as a result of the country's shrinking population. The ministry's request for 2025 marks the third year of Japan’s rapid five-year military buildup plan under the government’s ongoing security strategy ...
On 16 December 2022, Japan announced a major policy shift from its exclusively defense-oriented posture by acquiring counterstrike capabilities to hit enemy bases and command-and-control nodes with longer-range standoff missiles and a defense budget increase to 2% of GDP (¥43 trillion ($315 billion) by 2027. [63]
Japan's defence ministry made a record spending request on Thursday of 7.7 trillion yen ($52.67 billion), for fiscal 2024, the latest step of a plan to boost defence spending by 43 trillion yen ...
TOKYO (AP) — Japan's Defense Ministry is seeking to more than double spending on missile defense, including purchases of costly American arsenals, to defend against North Korean threats.