Latecomer Japan eyes slice of rising global defence spending
Published on: May 3, 2026, 8:57 a.m. | Source: The Economic Times
Japan has ended its long-standing ban on exporting lethal weapons. This move aims to position the nation in the global defense market. While challenges exist, including capacity and workforce shortages, Japan's focus on high-tech sectors could be advantageous. At a time when the international defence market is offering more opportunities, Japan's strategic shift has drawn attention.
