Japan's global defense business may be on the cusp of a big breakout

SAN ANTONIO, ZAMBALES, PHILIPPINES - APRIL 28: A Japanese Self-Defense Forces personnel carried a Japanese national flag in front of missile systems, during an Integrated Air and Missile Defense (IAMD) drill, as part of the ongoing Balikatan (Shoulder-Shoulder) multinational exercise, at a naval base in San Antonio, Zambales, Philippines, on April 28, 2026. …