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
Japan’s Ministry of Defense signed four contracts worth a total of $2.83 billion last week with Mitsubishi Heavy Industries (MHI) for its standoff defense capability project, according to a Tuesday statement. Read More
Bombers, long-range strike missiles and large undersea unmanned systems could help Canberra deter China until it has nuclear-powered attack submarines, Australian and American security experts agreed Wednesday. Read More
F-35 Lightning II Joint Strike Fighter lead-contractor Lockheed Martin reconfigured a host of its contracts with its suppliers to lower the aircraft price tag, improve readiness and control ongoing maintenance costs.
A U.S. guided-missile destroyer and P-8A Poseidons maritime surveillance aircraft have joined in the search for a Japanese Air Self Defense Force F-35A Lighting II Joint Strike Fighter pilot who went missing on Tuesday. Read More