Terem Will Repair Bulgarian Military Helicopters Mi-17 and Mi-24 for BGN 38.7 Million

SOFIA, (BM) – The state-owned company “Terem” will perform a major repair of the helicopters Mi-17 and Mi-24 amounting to BGN 38.7 million, learned BulgarianMilitary.com.

On June 12, The Ministry of Defence has concluded a four-year framework agreement with “Terem Holding”, which will work with a sub-contractor – the company “Terem-Letets”.

Read more: “Terem” Starts Repairing 10 of Bulgaria’s MBTs T-72

67% of this amount, BGN 25.93 million, will go to Russian companies. The company called “Russian Helicopters” JSC will deliver the equipment needed for the repair and will receive 31% of the total contract value. “Ural Works of Civil Aviation” JSC will give the engines a complete overhaul for 34 % of the sum, and “150 Aircraft Repair Plant” JSC and “Mil Moscow Helicopter Plant” JSC will repair auxiliary facilities for 2% of the contract value.

The contract provides for the repair of two Mi-17 and four Mi-24 helicopters.

When the contract was announced in the summer, there was a gaffe in the documentation and it was not known exactly how many machines would be repaired. The estimated value of the repairs was over BGN 31 million.

Read more: Bulgarian Shiprepair Yard “Terem-SRY Flotski Arsenal – Varna” Operates at a Loss

The announcement of the contract came after the last flying Mi-17, used also for extinguishing fires, fell. Out of a total of 28 helicopters in the army then only 8 were flying. None of 5 Mi-17 helicopters is flying, and of 5 Mi-24 flies only one.

Follow us everywhere and at any time. BulgarianMilitary.com has responsive design and you can open the page from any computer, mobile devices or web browsers. For more up-to-date news from us, follow our Reddit, LinkedIn, Twitter and Facebook pages. Do not miss the chance to subscribe to our newsletter.

>>Be a reporter: Write and send your article.<<

Translator editor: Monika Evgenieva

Source: Dnevnik