Arriving very late to the production party, Japan finds that it has the second-biggest acquisition plan in the Lockheed Martin F-35 Lightning program but very little industrial participation. Since it is stepping up orders, the defense ministry hopes local industry can gain a larger share of the manufacturing—but not with government funding of the plant. The ministry, far from being willing to invest, is counting its savings: ¥4.9 billion ($46 million) per aircraft from ditching ...

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