Japan will spend a record $262.8 billion on defense in five years. Compared to the previous planning period, Tokyo will increase spending on the army by 10%. Additional funding will be used for the purchase of weapons, the Izvestia TV channel reports. The Japanese authorities want to strengthen missile defense. It is planned to build two ships and develop a next-generation fighter. Part of the funds will be directed to technologies in space and protection from hackers. The record budget is reportedly linked to the deteriorating security situation around Japan. Among the possible threats is the growing confrontation between China and the United States in the Indo-Pacific region. In addition, tensions may increase in the Taiwan Strait.
Japan will spend a record $262.8 billion on defense in five years. Compared to the previous planning period, Tokyo will increase spending on the army by 10%. Additional funding will be used for the purchase of weapons, the Izvestia TV channel reports. The Japanese authorities want to strengthen missile defense. It is planned to build two ships and develop a next-generation fighter. Part of the funds will be directed to technologies in space and protection from hackers. The record budget is reportedly linked to the deteriorating security situation around Japan. Among the possible threats is the growing confrontation between China and the United States in the Indo-Pacific region. In addition, tensions may increase in the Taiwan Strait.