Japan's defense spending will jump 20% to a record 6.8 trillion yen ($55 billion) next year as the country prepares to deploy U.S.-made Tomahawks and other long-range cruise missiles that can hit targets in China or North Korea under a more offensive security strategy.
The planned purchase of Tomahawks at 211.3 billion yen ($1.6 billion) is a centerpiece of Japan's 2023 budget plan approved Friday by Prime Minister Fumio Kishida's Cabinet and shows his government's determination to rapidly arm itself with more strike capability under the new strategy.
