The E-2D Advanced Hawkeye aircraft, made by Northrop Grumman, are equipped with powerful radars that can detect other planes and ships at long range.
Worth an estimated $3.1 billion, the deal would also include associated technology and spare engines.
Congress has 30 days to raise objections to the sale, though this is unlikely given that Japan is a close US ally.
"It is vital to US national interests to assist Japan in developing and maintaining a strong and effective self-defense capability," the State Department said.
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