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Economy

UK missile deal could toss lifeline to Japan's defense industry

Contractors struggle to expand focus internationally even with open door to exports

Japan has been trying to sell US-2 search-and-rescue seaplanes to India, but a deal is proving elusive. (Courtesy of Maritime Self-Defense Force)

TOKYO -- Japan's collaboration with the U.K. to develop a new air-to-air missile aims partly to breathe new life into a stagnant defense industry that has seen little luck capitalizing on newfound access to overseas markets.

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