CapabilityProtected Japan’s record defence spending request By ANI - September 3, 2023 0 243 JS Maya (DDG-179) fires an SM-3 BlockIIA on Nov. 16, 2022. JMSDF Photo The Japanese Ministry of Defense (MoD) on August 31 requested $52.9 billion (7.7 trillion yen) for fiscal year 2024, its largest ever defense budget request. Plans include the construction of two ASEVs and two new FFMs, Naval News reports. Please Login to view this content. (Not a member? Join Today!)