TOKYO – Japan’s landmark multibillion-dollar sale of 11 upgraded Mogami-class destroyers to the Royal Australian Navy marks a pivotal moment for the country’s burgeoning arms export industry.
Tokyo clinched the A$10 billion (S$8.36 billion) contract, announced by Canberra on Aug 5, over more seasoned competition from Germany, Spain and South Korea – all major military shipbuilders. Japan will deliver the first vessel in 2029.
