01 September 2016

News Story: Japan eyes record defence budget to develop anti-ship missiles

Japan's defence ministry requested a record budget on Wednesday, with funds for an anti-ship missile system to defend islands at the centre of a territorial dispute with China.

Tokyo is determined to defend the uninhabited islets in the East China Sea -- administered by Japan as the Senkakus but claimed by China as the Diaoyus -- as Beijing steps up its claim.

The ministry announced it is seeking 5.168 trillion yen ($50.12 billion) in spending for the fiscal year starting April 2017, up 2.3 percent from the initial budget for the current fiscal year.

If approved by Prime Minister Shinzo Abe's cabinet, it would be the fifth straight year the government sets a record defence budget, as regional tensions remain high.

The proposed budget calls for Japan to develop land-to-ship missiles as well as air-to-ship missiles for patrol planes.

Read the full story at SpaceDaily