The Japanese Defense Ministry plans to set up a land-based Aegis missile defense system to address North Korea's missile threats, having decided to seek funding in the next fiscal year to cover the system design costs, a government source said Wednesday.The ministry was planning to make a budgetary request to conduct "studies" over the installation of the so-called Aegis Ashore system, but has decided to move up the schedule amid continuing test-firing of ballistic missiles by Pyongyang, according to the source.The ministry also plans to secure a budget to create a new "space unit" inside t…READ FULL ARTICLE
