Western companies of the military-industrial complex (military-industrial complex) are moving production to Japan in the face of increased Tokyo defense spending. writes about it Nikkei Asia.
BAE Systems, the leading company in the British aerospace and weapons industry, American Lockheed Martin and L3Harris Technologies, French Thales company and Turkish defense contractor STM are among those that moved production to Japan. It was noted that most of these companies will strengthen their cooperation with Japanese companies in the field of military production. First of all, we are talking about Japanese Mitsubishi Heavy Industries.
It is stated that the arrival of foreign companies in Japan may adversely affect the profits of enterprises of the local military-industrial complex.
Before that Kyodo WroteHe said that Japan had approved the 2023 budget, which significantly increased its defense spending. This amount is estimated to be 6.8 trillion yen (about $51.8 billion) in fiscal 2023, which is 1.25 times more than this year. At the same time, defense expenditures may exceed 1% of GDP, which was previously the limit for this expenditure item.
Previously at the Pentagon declarationThat the US military-industrial complex is experiencing serious problems.