Day: January 15, 2015

What does Japan’s record defence budget mean for the global industry?

Summary: Japan has announced that it has allocated a record amount for its defence budget for 2015-16, but how will this affect the world’s defence industry overall? Japan’s government has approved a 4.98 trillion yen (£28bn) budget for defence spending in 2015-16, a 2.8% rise from the previous fiscal year

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