Japan Wants To Join NATO's Missile Consortium

Japan Self-Defence Forces soldiers prepare to refuel a unit of Patriot Advanced Capability-3 (PAC-3) missiles at the Defence Ministry in Tokyo April 10, 2013. Reuters/Issei Kato

Reuters: Exclusive: Japan interested in joining NATO missile consortium

Japan is interested in joining a NATO missile building consortium that would give Tokyo its first taste of a multinational defense project, a move the U.S. Navy is encouraging because it could pave the way for Japan to lead similar partnerships in Asia, sources said.

The 12-country NATO consortium oversees development and shares the costs of the SeaSparrow missile, an advanced ship-borne weapon designed to destroy anti-ship sea-skimming missiles and attack aircraft. The missile is made by U.S. weapons firms Raytheon (RTN.N) and General Dynamics (GD.N).

In May, Japanese naval officers traveled to a North Atlantic Treaty Organization meeting in The Hague to learn more about the consortium, Japan's navy and a U.S. source familiar with the trip told Reuters.

Update #1: Japan 'interested' in joining NATO missile building consortium – report -- RT
Update #2: Japan eyes NATO missile-building consortium -- EJInsight

WNU Editor: They see the money.