Dec 22 (aljazeera.com) - Japanese Prime Minister Yoshihide Suga’s government approved a ninth consecutive rise in military spending on Monday, to fund the development of an advanced stealth fighter and longer-range anti-ship missile to counter China’s growing military power.
Japanese Prime Minister Yoshihide Suga’s government approved a ninth consecutive rise in military spending on Monday, to fund the development of an advanced stealth fighter and longer-range anti-ship missile to counter China’s growing military power.
The Ministry of Defence will get a record 5.34 trillion yen ($51.7bn) for the year starting in April, up 1.1 percent from this year. With Suga’s large majority in parliament, enactment of the budget is all but certain.
A planned jet fighter, the first in three decades, is expected to cost around $40bn and be ready in the 2030s. That project, which will be led by Mitsubishi Heavy Industries with help from the US company Lockheed Martin, gets $706m in the new budget.
Japan will spend $323m to begin the development of a long-range anti-ship missile to defend the Okinawan island chain in its southwest.
Other big purchases include $628m for six Lockheed F-35 stealth fighters, including two short-takeoff and vertical-landing (STOVL) B variants that will operate off a converted helicopter carrier.
The military will also get $912m to build two compact warships that can operate with fewer sailors than conventional destroyers, easing pressure on a navy struggling to find recruits in an ageing population.