Aegis Ashore alternative ships to cost 500 billion yen

The option to build two advanced Aegis destroyers to protect Japan from the North Korean missile threat would cost over 500 billion yen ($4.8 billion), more expensive than the scrapped plan to introduce a land-based interception system, sources close to the matter said Tuesday.The government has been seeking alternatives since its decision earlier this year to scrap the plan to deploy the U.S.-developed Aegis Ashore system in northeastern and western Japan due to technical problems and ballooning costs.The estimate, compiled by two companies commissioned by the government, compares with the 40…

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HEDGE accordingly