Citation :
Japan Greenlights Major Defense Supplement to Accelerate Frigate and Submarine Construction On November 28, the cabinet of Japanese Prime Minister Sanae Takaichi approved 847.2 billion yen ($5.4 billion) defense spending in the fiscal 2025 supplementary budget amid growing military threats from China, North Korea and Russia. A key portion of the budget allocates 122.2 billion yen (~$782 million) to “enhancing capabilities by securing the early operational readiness of aircraft and vessels.” The breakdown of construction costs includes about 11.5 billion yen (~$73.6 million) for two Mogami-class frigates for the Japan Maritime Self-Defense Force, about 2.9 billion yen for two upgraded Mogami-class vessels, called the New FFMs (also known as 06FFM), and about 39.3 billion yen for four Taigei-class submarines.
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