Bulgaria Plans to Invest $836 Million for New Armored Vehicles

SOFIA, (BM) – Bulgaria has sent a request to four European countries for proposals for 150 armored vehicles, the defense ministry said on Tuesday, learned BulgarianMilitary.com, quoting Reuters.

The Balkan state, which joined NATO in 2004, has called for bids in a 1.46 billion levs ($836.24 million) tender from Germany, Finland, France and Switzerland, the ministry said in a statement.

Read more: Bulgaria Plans to Select an Armored Vehicles Supplier in December 2019

Potential suppliers include Germany’s Artec, a joint venture of Rheinmetall and Krauss-Maffei Wegmann, France’s Nexter, Finland’s Patria and Swiss General Dynamics Land System- Mowag.

Sofia is asking manufacturers to provide bids by Oct. 31 as the Black Sea country plans to pick a winner by Dec. 20.

NATO has encouraged its eastern members to develop, buy and operate new alliance equipment.

Read more: Spike Missile Weapon System by Eurospike Was Presented in Sofia, Bulgaria

Some eastern European NATO allies that were once Soviet satellites still rely on Russian-made military jets – two-thirds of Poland’s military equipment dates from the pre-1991 Soviet era, for example.

Bulgaria aims to raise its annual defense expenditure to two percent of the country’s gross domestic product by 2024.

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BulgarianMilitary.com
Editorial team
Source: Reuters

Bulgarian Armored Vehicles DealBulgarian Defence NewsEuropean InvestmentsLand systems