South Korea Plans Five-Year Defense Spending Hike with Missile Defense and Counter-Fire Capability in Mind

South Korea’s Defense Ministry unveiled its next five-year budgetary blueprint on January 11, which indicates an average annual hike of 7.5 percent. The blueprint covers the fiscal period between 2019 …

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Sea Change: Japan Plans Destroyer Conversion, Larger F-35 Order with China in Mind

by Dan Darling, International Military Markets Analyst, Forecast International. As the Japanese government sets out its new National Defense Program Guidelines defense capability target policy that will guide the upcoming …

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