"Japan Defence & Security Report 2015" is now available at Fast Market Research

Landmark constitutional changes in 2014 will continue to have a significant impact on Japan's defence policy and role in regional and international security in 2015. Key reforms to Article 9 of the constitution have opened the doors to the international market for Japanese defence firms, who can now export defence systems and cooperate on joint ventures with international partners. In addition, these constitutional changes have edged Japan towards military normalisation, paving the way for a more active role in regional security. To make these amendments actionable, the Ministry of Defence has requested a record 3.5% budget increase, which will be used to fund major new acquisitions in maritime and air security.

Following a decade of defence cuts, the Ministry is seeking its third successive defence budget increase in 2015. Military expenditure will increase to USD42.3bn for FY2015, starting April next year. The additional funding would be earmarked for the purchase of 20 maritime patrol aircrafts, six stealth fighters, five tilt-rotator aircrafts, and three unmanned aerial vehicles, which is part of a wider five-year spending plan. Japan will build a Dynamic Joint Defence Force, which emphasises both soft and hard aspects of readiness, sustainability, resiliency and connectivity, reinforced by advanced technology and capability.

Full Report Details at
- http://www.fastmr.com/prod/1047948_japan_defence_security_report.aspx?afid=302

The Japan Defence & Security Report features BMI Research's independent forecasts for national and international security, the defence industry, military expenditure, employment in arms production, and arms imports and exports, as well as examining industry trends and prospects, national and multinational arms producers and the regulatory environment.

BMI's Japan Defence & Security Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Japanese defence and security industry.

Key Benefits

* Benchmark BMI's independent defence and security industry forecasts on Japan to test other views - a key input for successful budgetary and strategic business planning in the Japanese defence and security market.
* Target business opportunities and risks in the Asia defence and security sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Asia.
* Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).

Coverage

Global and Regional Political Outlooks

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