If this military contract goes through Japan will secure a major military contract with New Zealand

Japan to the rescue to provide patrol and transport aircraft to New Zealand as Indonesia announces its military relationship with Australia has been officially terminated. If Japan scores on this military contract worth billions, it will be its first major contract Japan has scored in years to supply military-related equipment to a foreign country. Japan is right on schedule as it gradually secures overseas contracts for military hardware. This should keep a couple of thousands employees at Kawasaki Heavy Industries busy for a few years into the future. With the central banking cartel model based on perpetual debt, military hardware will always keep the economies of countries floating. Where is New Zealand going to come up with the money to finance Japan’s manufactured patrol and transport aircraft from when New Zealand debt is increasing by thousands of dollars every minute the debt clock ticks? Of course central banks keep populations in debt to continue their money-creation ponzi scheme and New Zealand is no different.

Source: Nikkei Asian Review

Japan in talks with New Zealand for defense aircraft

Tokyo aiming for its first major arms contract

January 3, 2017

Japan’s Maritime Self-Defense Force P-1 patrol aircraft fires flares during its fleet review at Sagami Bay, off Yokosuka, south of Tokyo. Reuters

TOKYO — Japan is in negotiations with New Zealand to export the Self-Defense Forces’ patrol and transport aircraft, in hopes of beating out U.S. and European competition to score its first large-scale arms contract.

The deal will also involve the maintenance of the planes, and is potentially worth billions of dollars. Tokyo in September provided unclassified information on the P-1 maritime patrol plane and C-2 transporter, both developed by Kawasaki Heavy Industries, in response to Wellington’s requests.

Representatives from Japan’s defense ministry and Kawasaki Heavy are in New Zealand for negotiations. Japan could come up with a proposal in the first half of 2017 concerning the price, production process and maintenance of the planes. It will also consider jointly producing certain parts with New Zealand.

New Zealand will choose the winning bid as early as this summer out of a pool including American and European proposals. The Japanese government will also negotiate a treaty with New Zealand to allow the transfer of defense equipment and technology, a prerequisite to the potential deal.

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