The Lower House on May 9 approved legislation to bolster a defense industry that has seen many Japanese contractors leaving it because of low profitability, but critics charge the bill may just ...

The profit margins for defense contractors have averaged only 8 percent in Japan, compared with more than 10 percent for some companies in overseas nations. One study said the corresponding ...

RTX Corporation in Camden will be the contractor for a $900 million sale of Standard Missile 6 (SM-6) Block I Missiles to the government of Japan.