Japan Plans New Missile Defense Spending

Japan plans in coming months to spend $681 million for acquisition and modernization of antimissile technology, the Associated Press reported.

The money is part of a larger $147 billion budget addition through March. It is needed to "cope with a changing security environment," according to the Japanese Defense Ministry.

It noted missile development efforts in North Korea as well as increased air and naval operations near Japan "by neighboring countries."

January 16, 2013
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Japan plans in coming months to spend $681 million for acquisition and modernization of antimissile technology, the Associated Press reported.

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