ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Politics

Japan's F-35 orders to lift defense spending to new heights

Tokyo will allocate $240bn over 5 years as Washington pressures it to buy more

A U.S. airman sits in an F-35 stealth fighter ahead of an air show in Paris. Japan plans to buy 105 of these planes by the end of fiscal 2023.

TOKYO -- Japan's ruling coalition approved on Thursday a government plan to spend a record 27.47 trillion yen ($242 billion) for defense in the five years through fiscal 2023 that includes big-ticket purchases of American hardware, responding to U.S. President Donald Trump's calls to narrow the bilateral trade imbalance.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more