Energy News
MILTECH
Japan requests record $53 bn defence budget
Japan requests record $53 bn defence budget
by AFP Staff Writers
Tokyo (AFP) Aug 31, 2023
Japan's defence ministry on Thursday requested a record budget worth $53 billion for the next fiscal year as tensions rise with China and North Korea.

Prime Minister Fumio Kishida last year unveiled a major security overhaul including a pledge to raise defence spending to two percent of GDP by 2027.

The defence ministry asked Thursday for 7.74 trillion yen ($53 billion) for the 2024-25 fiscal year, up from 6.8 billion yen for the current year, according to the request seen by AFP.

The ministry wants 380 billion yen to build two new warships rigged with the US-developed Aegis missile defence system.

Some 755 billion yen will go toward shoring up the nation's "stand-off" defence capacity such as purchases of missiles.

Japan also plans to spend 75 billion yen for a joint development of interceptors to shoot down hypersonic missiles.

Japan has been alarmed by China's expanding military ambitions including the possibility of a violent takeover of Taiwan.

North Korea's missile launches and the possibility of future nuclear tests have also pushed Japan to boost its defence spending.

Tokyo has also been rattled by Russia's invasion of Ukraine.

"It is essential for Japan to possess the necessary and adequate capability to intercept and eliminate vessels and landing forces no matter where an invasion of our country may occur," the defence budget request said.

Japan is also moving to buy more ammunition to deal with prolonged battles, to improve its cyber defence and space operations, and to explore more use of drones and other unmanned technologies.

The ministry also pledged to boost its spending plans for maintenance of existing equipment, as Japanese troops have routinely had to gut broken jets and vehicles for parts.

The defence ministry request will be sent to the finance ministry to prepare the 2024-25 budget which will be presented to parliament in January.

Related Links
The latest in Military Technology for the 21st century at SpaceWar.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
MILTECH
Biden admin. announces another security package for Ukraine
Washington DC (UPI) Aug 30, 2023
The Biden administration has announced another package of weapons, missiles and munitions for Ukraine, as Kyiv makes advances in its counteroffensive against Russia. The package announced Tuesday by the departments of State and Defense includes AIM-9M missiles for air defense, munitions for High Mobility Artillery Rocket Systems, 155mm and 105mm artillery ammunition, mine-clearing equipment, Javelin and other anti-armor systems and rockets as well as armored medical treatment vehicles and milli ... read more

MILTECH
Making aviation fuel from biomass

Chevron, partners develop a transportation fuel using animal waste as a feedstock

Illinois research leading to cleaner propane production method

Transforming flies into degradable plastics

MILTECH
Solar powered irrigation: a game-changer for small-scale farms in sub-Saharan Africa

Lithuanian invention at the forefront of solar technology breakthrough

Low cost, high efficiency, multiple colors at the same time!

To improve solar and other clean energy tech, look beyond hardware

MILTECH
Interior Department holds offshore wind energy auction for Gulf

DLR opens wind energy research farm in Krummendeich

World's largest floating offshore wind farm starts full service, Norway's Equinor says

U.S. identifies three new areas for potential offshore wind energy development

MILTECH
Years of coal plant expansion torment Turkey's villagers

Bringing sustainable and affordable electricity to all

British energy regulator Ofgem cuts energy bills to lowest since late 2021

European energy firms doing nothing to tackle climate change, says Greenpeace

MILTECH
Alumnus' thermal battery helps industry eliminate fossil fuels

Jeep owner Stellantis invests $100 mn in US lithium

DoE announces $112 million for research on computational projects in fusion energy sciences

US lab repeats nuclear fusion feat, with higher yield

MILTECH
Air pollution greatest global threat to human health, says benchmark study

Russian teen eco-activists fight for future as risks mount

Indonesia sanctions 11 industrial firms over Jakarta pollution spikes

Kids entitled to clean, healthy environment: UN committee

MILTECH
Ecuador banned Amazon oil. Brazil's Lula wants to drill

Rights groups urge US action to free Emirati activist

Oil firms pay Insta, TikTok influencers for ads

Italy's Eni quick out of the gate with new oil and gas production in Ivory Coast

MILTECH
NASA, Partners study ancient life in Australia to inform Mars search

Martian Tapas With a View: Sols 3926-3927

Delight at Dream Lake

Approaching the Ridgetop - "Bermuda Triangle" Ahead: Sols 3923-3925

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2026 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.