LONDON -- Major defense contractors around the world are shifting the center of gravity of their Asian operations to Japan, as Tokyo prepares to sharply boost defense spending in the face of East Asia's worsening security situation.
Aerospace & Defense Industries
Western arms suppliers shift Asian HQs to Japan
As BAE and Lockheed Martin pile in, some local companies fret over profits
BAE Systems, whose products include the armored vehicles pictured above, is shifting its supervisory functions for Asia to Japan. (Photo courtesy of BAE Systems)
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