Bulgaria approves $1.41 bn budget for new fighter jets acquisition

World Aviation Defense & Security News - Bulgaria
Bulgaria approves $1.41 bn budget for new fighter jets acquisition
Bulgaria will spend about US$1.41 bn to keep airborne its MiG-29s fighter jets and acquire new warplanes as well as patrol ships under a defence procurement investment plan approved by the government, the country's Defence Ministry said on Wednesday, March 30, 2016.
Bulgaria approves 1 41 bn project for new fighter jets acquisition 640 001Bulgarian Air Force's MiG-29 fighter jets
The cabinet approved the three investment projects earlier on Wednesday, the local news agency Novinite said.

The investment project for securing the airworthiness of at least 10 Russian-built MiG-29s (eight MiG-29A plus two MiG-29 UB combat/trainer version) will be implemented in 2016-2017, the Bulgarian Defence Ministry said in a statement.

The acquisition of new combat aircraft will be made in two stages. A contract for acquiring eight aircraft from 2018 to 2021 will be signed by the end of 2016. Another eight aircraft will be acquired between 2022 and 2023.



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