Japan to draw up new strategy to beef up defense industry, exports

Japan has started devising a strategy to strengthen its defense industry and promote exports of equipment, hoping to lay out medium to long-term goals for a sector that has struggled with small market scale and other challenges, government sources said Friday.The so-called national defense industry strategy may be compiled next year. The planning will involve not only the Defense Ministry but also others such as the Economy, Trade and Industry Ministry, making the process different from the strategy the Defense Ministry came up with in 2014 on defense production and technological bases.The …READ FULL ARTICLE