Japan to spend $4.2 bn over 30 years on missile defense system radar

Young journalists club

News ID: 26693
Asia » Asia
Publish Date: 15:12 - 30 July 2018
TEHRAN, July 30 - Japan said Monday it would spend some $4.2 billion over the next 30 years on installing and operating US radar systems to protect itself against North Korean missile threats.

Japan to spend $4.2 bn over 30 years on missile defense system radarTEHRAN, Young Journalists Club (YJC) - The move, announced by Defense Minister Itsunori Onodera, is the latest step by Tokyo to upgrade its military. Japan says the North's nuclear weapons and ballistic missiles pose a direct threat.

US firm Lockheed Martin has offered to build the radars needed for a new ground-based Aegis Ashore missile defense system at a cost of roughly 134 billion yen ($1.21 billion) for one unit, Onodera told reporters.

The combined expenditure for two units as well as maintenance and operational costs for the next 30 years was estimated at 466 billion yen ($4.2 billion), the defense ministry said.

That does not include expected additional costs involved with the system that have yet to be outlined.

"Our country's ballistic missile defense capacity will significantly improve," Onodera said.

"The cost is not fixed yet. We will examine the prices at every level possible," he added.

Prime Minister Shinzo Abe has passionately argued for the upgrading of the nation's military in light of threats from North Korea, which has several times fired missiles over Japan and into waters near the country.

Source: AFP

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