Japan Approves Record Defence Budget: $56bn
Today, Japan approved the government budget for fiscal 2024 as $56 billion, which secures $2.59 billion to build two Aegis System Equipped Vessels (ASEV).
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Navy / Maritime
More Information About Japanese ASEV
Japanese Navy continues to invest in counterbalancing evolving threats in the region. Tokyo would like to strengthen its surface fleet with more capable and larger ships. In this line, Japan Maritime Self-Defence Forces (JMSDF) is planning to acquire ASEV (Aegis System Equipped Vessels). More information about the project has been published.
