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Tue, Dec

Japan approves FY2025 supplementary budget with allocations for new naval vessels

Japan approves FY2025 supplementary budget with allocations for new naval vessels

World Maritime
Japan approves FY2025 supplementary budget with allocations for new naval vessels

The Cabinet of Japanese Prime Minister Sanae Takaichi has approved an amount equivalent to US$5.4 billion for defence spending purposes, including the acquisition of new surface ships and submarines by the Japan Maritime Self-Defence Force (JMSDF).

Under the government's FY2025 supplementary budget, approximately US$73.6 million will be earmarked for the acquisition of two new Mogami-class stealth frigates while US$250 million will go to the purchase of four new Taigei-class diesel-electric submarines.

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