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Japan to triple defense R&D to bolster counterstrike capability

Draft budget earmarks $6.7bn with eye on domestic standoff missiles

Japan seeks to upgrade the range of the Type 12 anti-ship cruise missile from less than 200 kilometers to over 1,000 km. (Photo courtesy of the Ground Self-Defense Force)

TOKYO -- Japan will allocate 896.8 billion yen ($6.7 billion) for defense-related research and development in fiscal 2023, triple the amount spent this fiscal year, as it seeks to develop homegrown standoff missiles, according to the draft budget approved Friday.

The ramped-up spending reflects Japan's updated security strategy in the three policy documents finalized last week. The aim is to develop homegrown standoff missiles to acquire counterstrike capabilities.

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