The publication notes that this is happening against the background of an increase in defence spending to 2% of GDP by 2027. By the end of 2023, the British BAE Systems will move its representative office from Malaysia to Japan.
The unit will oversee the company’s activities in Asia. Closer cooperation is expected with the Japanese Mitsubishi Heavy Industries, which is cooperating with the Italian company in the development of the fighter.
The American Lockheed Martin has already moved its regional headquarters from Singapore to Japan. The decision was made against the backdrop of rising tensions in Northeast Asia. Lockheed Martin supplies Japan with Patriot PAC-3 missile defence systems and F-35 aircraft.
The headquarters will also be responsible for the activities of the corporation in South Korea, Taiwan and other markets. The American L3Harris Technologies is negotiating with the Japanese Ministry of Defence in a number of areas.
Its subsidiary is registered in the country. French Thales intends to increase the number of employees in Japan. The company, together with Mitsubishi, is developing mine detectors.
According to Nikkei Asia, there is a risk that the entry of foreign players will undermine the position of Japanese companies, which are struggling to maintain profitability.