World War 3: Japan defence ministry asks for extra $160 million for long-range missiles
If approved, the proposal for a rise of 2.5 percent in defence spending to 5.26 trillion yen ($48 billion) for the year starting April 1, will be the sixth straight annual increase as Prime Minister Shinzo Abe bolsters the military.
The funds will pay for ballistic missile defence upgrades, six F-35 stealth fighters, four V-22 Osprey tilt rotor troop carriers, besides orders for new naval vessels, including a submarine and two compact warships.
Around $90 million of the requested missile development funds of $160 million will go on studying hypersonic missiles to quickly penetrate enemy... read more
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