Category Archives: Budget Industry

Japanese, U.S., the Philippines Drill in the South China Sea; China Contests U.S. Position on Territorial Disputes

Japanese, U.S., the Philippines Drill in the South China Sea; China Contests U.S. Position on Territorial Disputes

JS Izumo (DDH-183), destroyer JS Samidare (DD-106) and an Oyashio class submarine. JMSDF Photo

Japanese naval units carried out antisubmarine warfare drills in the South China Sea on Monday while the U.S and Philippine navies conducted a joint sail in the South China Sea the same day. Meanwhile, the People’s Liberation Army Navy (PLAN) and Royal Thai Navy (RTN) commenced the joint naval and marine forces drill Blue Strike 2023 on Sunday, which takes place around the Gulf of Thailand and Eastern Thailand. Read More

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

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

A Japanese Air Self Defense Force F-35A Lighting II Joint Strike Fighter in 2021. JSDF Photo

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. The increased request reflects the Kishida administration’s intention to boost defense spending and capabilities over the next five years, though the final decision will be made by the Finance Ministry in December. Read More

U.S. Allies Key to Deterring Russia, China, Financially a 'Mixed Bag,' Experts Say

U.S. Allies Key to Deterring Russia, China, Financially a ‘Mixed Bag,’ Experts Say

Marines with the Battalion Landing Team 1/6, 26th Marine Expeditionary Unit (Special Operations Capable) (MEU(SOC)) Bravo Command Element engage targets while training with Italian Marines San Marco Brigade, during an integrated live-fire sniper range part of a Norwegian Bilateral Exercise in Setermoen, Norway, Aug. 12, 2023. Marine Corps Photo

America’s more than 60 allies and partners remain its greatest security asset in deterring conflict with China and Russia as well as its greatest commitment if war breaks out,” the author of “How to be a ‘Cheap Hawk’ in the 2020s” said Wednesday. Read More