
Japan’s Defense Ministry announced Tuesday it has signed contracts worth nearly 380 billion yen ($2.8 billion) with the country’s top defense contractor, Mitsubishi Heavy Industries, to develop and mass produce long-range missiles for deployment as early as 2026 amid growing fears of China's increasing military strength.
The ministry said the contracts include enhanced versions of Mitsubishi’s Type 12 missiles for surface, sea and air launches, and a hypersonic ballistic missile for the defense of remote islands.