US approves sale of 105 F-35 stealth fighters to Japan
[WASHINGTON] The United States announced on Thursday that it has approved the sale of 105 F-35 stealth aircraft to Japan for an estimated US$23.11 billion.
Japan had asked to buy 63 F-35A, the traditional version of the electronics-laden fighter aircraft, and 42 F-35B, the short-takeoff and vertical-landing version for aircraft carriers, the State Department said in a statement.
Washington gave its green light to the transaction, which will improve "the security of a major ally" in the Asia-Pacific region, the statement noted.
"It is vital to US national interest to assist Japan in developing and maintaining a strong and effective self-defence capability," the State Department added.
Japan's 2020/2021 defense budget is a record US$50.3 billion, aimed at funding purchases of fighter jets and missile defense as the country eyes the threat from North Korea and China.
In response to the rapid modernisation of the Chinese military, Japan has decided to acquire a total of 105 F-35A aircraft over the next decade, in addition to 42 F-35B aircraft.
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
At the end of 2018, the Japanese government approved a five-year defence plan that includes the entry of two aircraft carriers into its arsenal - a first since the end of World War II.
AFP
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
South Korea readies new system to detect illegal short-selling
US births retreat after pandemic-era growth
Markets are embracing India’s Modi for what he won’t do
Blinken to meet businesses in Shanghai as he kicks off a tough China trip
Indonesia’s central bank surprises with ‘pre-emptive’ rate hike to cushion falling rupiah
South Korea’s economic growth beats forecast as exports rise