PoliticsJapan'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.
MASAYA KATO, Nikkei staff writer
December 14, 2018 04:50 JST
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.