What Happened
Tokyo Seeks To Enhance National Security Through Industrial Cooperation
The Japanese government has released a defense white paper outlining its plans to boost the domestic defense industry, citing the need to counter China’s growing military presence in the region. The paper also highlights the importance of cooperation with the US in defense innovation and technology. Japan has taken steps to enhance its defense industry, including increasing the allowable profit margin for government contractors and approving more initiatives from defense companies. However, challenges remain, including the withdrawal of some Japanese companies from defense contracting. The white paper was reported by Breaking Defense.