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Japan Secures $6.5B Mogami Frigate Deal with Australia

6/24/2026

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Story summary
  • Japan secured a $6.5 billion contract to deliver three upgraded Mogami-class frigates to Australia by 2029.
  • Each ship costs US$710 million, has a 90-person crew, and is roughly half the price of the U.S. Constellation-class at $1.4 billion.
  • Japan is marketing the frigates to other Indo-Pacific navies and offers a sustainment package of parts, maintenance, training and software updates to build defense ties and create shipbuilding jobs and STEM opportunities.