Japan’s Record Defense Budget: Why Is It Increasing Military Expenditure Amid Geopolitical Tensions?
Japan is increasing its defense budget because of a worsening security environment. The FY2024 budget includes $8.78 billion for air and missile defense. Japan seeks to modernize its military and boost joint development with the U.S. to address emerging threats, such as hypersonic warheads and interceptor missiles. In response, Japan is prioritizing advanced defense systems, … Read more