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Asian Investments

Why India Might Buy Russian Su-35 for $12 Billion?

NEW DELHI, (BM) - Su-35 can become not only a means of replenishing the Indian Air Force with a powerful "heavyweight", but also a unique opportunity to modernize the Su-30MKI fleet. Why the elite Su-35 can win a tender for 12 billion dollars, the Indian media tried to explain. Unrivaled Heavyweight According to Indian Defense News, which

Japan Will Receive Follow-on Tech-Support of Its AEGIS Destroyers Totalling $140M

WASHINGTON, (BM) - The Government of Japan has requested to buy Follow-On Technical Support (FOTS) sustainment and services in support of eight (8) Japan AEGIS Destroyers consisting of four (4) KONGO Class Destroyers, two (2) ATAGO Class Destroyers, two (2) MAYA Class Destroyers and one (1) Japanese Computer Test Site (JCPTS), learned

Russia Plans to Increase Defense Spending

MOSCOW, (BM) - The draft federal budget for the three-year period from 2020 to 2022 implies an increase in defense spending, learned BulgarianMilitary.com. Read more: Rosoboronexport Has Signed Contracts Worth US$5.2 Billion Since the Start of 2019 If it is adopted, this will be the first increase in defense spending in Russia after a

India Buys Akash Missile Systems by State-Run Bharat Electronics Totaling $758M

NEW DELHI, (BM) - State-run Bharat Electronics Ltd (BEL) has signed a contract with the Ministry of Defence (MoD) in New Delhi to deliver its surface-to-air Akash missile systems to seven more squadrons of the Indian Air Force at a cost of Rs 5,357 crore ($758 Million) over the next three years, learned BulgarianMilitary.com, quoting The Economic

Russia Expects Big Deals for Its Fighter Jets and Air Defence Systems

MOSCOW, (BM) - Rosoboronexport plans to sign contracts on exporting Russian planes, helicopters and air defense systems to the tune of several billion of dollars after the MAKS-2019 aerospace show, learned BulgarianMilitary.com, quoting Defence 360 Europe. Read more: Russia and Turkey Discuss a Large Joint Military Production, Including

Taiwan Buys 66 F-16s Totaling $8 Billion

WASHINGTON, (BM) - The U.S. State Department has approved a possible $8 billion sale of F-16 fighter jets to Taiwan, learned BulgarianMilitary.com, quoting Reuters. The potential deal is for 66 aircraft, 75 General Electric Co engines, as well as other systems, the agency said in a statement, adding it served the interests of the United States

South Korea Buys MH-60R Seahawk Multimission Naval Helicopter Totaling $800M

WASHINGTON, (BM) - The State Department has made a determination approving a possible Foreign Military Sale to the Republic of Korea of MH-60R Multi-Mission Helicopters with support for an estimated cost of $800 million, learned BulgarianMilitary.com. Read more: South Korea Buys RQ-4 Block 30 Global Hawk Remotely Piloted Aircraft Totaling $950M

Pakistan Increased Its Defence Budget with 1,3% to $7,6 Billion in 2019-20

ISLAMABAD, (BM) - The Government of Pakistan has announced a 2019–20 defence budget of PKR1.15 trillion (USD7.6 billion), a 1.3% increase over the revised military expenditure in 2018–19, learned BulgarianMilitary.com, quoting Jane`s. Read more: US Provides Technical Support to Pakistan`s Fleet of F-16 Totaling $125M The new defence budget –

South Korea Buys RQ-4 Block 30 Global Hawk Remotely Piloted Aircraft Totaling $950M

WASHINGTON, (BM) - The State Department has made a determination approving a possible Foreign Military Sale to the Republic of Korea of Contractor Logistics Support (CLS) for RQ-4 Block 30 Remotely Piloted Aircraft (RPS) for an estimated cost of $950 million, learned BulgarianMilitary.com. Read more: South Korea Buys U.S. Missiles for $314

India Buys Medium Range Surface-to-Air Missile Systems for $50 Million

NEW DELHI, (BM) - Israel Aerospace Industries (IAI) announced Wednesday it has signed a $50 million follow-up agreement to provide the Indian Navy and MDL Shipyard with complementary Naval MRSAM (Medium Range Surface-to-Air Missile) systems, learned BulgarianMilitary.com, quoting Israel Defence. The agreement involves a range of maintenance and

South Korea Buys U.S. Missiles for $314 Million, Japan Also Wants to Buy

SEOUL, South Korea (BulgarianMilitary.com) - The U.S. State Department has cleared $314 million (£247 million) in possible sales of air defence missiles to South Korea, learned BulgarianMilitary.com, quoting Reuters. South Korea, a key Asian ally of the United States, asked to buy up to 94 SM-2 missiles used by ships against air threats,

Rosoboronexport Has Signed Contracts Worth US$5.2 Billion Since the Start of 2019

MOSCOW, the Russian Federation (BulgarianMilitary.com) - "Rosoboronexport delivered arms and military hardware to foreign countries under contracts with 4.9 billion U.S. dollars in the first four months of 2019. It also struck new deals worth 5.2 billion U.S. dollars," learned BulgarianMilitary.com, quoting Army Recognition. According to

Indonesia Buys Between 18-20 Harimau (“Tiger”) Medium Tanks for $135 Million

JAKARTA, Indonesia (BulgarianMilitary.com) - On April 12, 2019, Indonesian Defense Minister Ramisard Ryakuda signed a contract for building of first batch of the Harimau ("Tiger") serial Turkish-Indonesian medium tanks for the Indonesian army, learned BulgarianMilitary.com, quoting Army Recognition. The cost of the contract for the Harimau

$6.5 Billion Approved by India for Military Purposes

NEW DELHI, India (BulgarianMilitary.com), 27 August 2018, Editor: Bm Team, Photo credit: en.wikipedia.org/Kamov Ka-226 Russian Air Force $6.5 billion has been approved by India for military purposes, part of which is for upgrading of the ageing defence equipment by purchasing 111 naval helicopters, learned BulgarianMilitary.com. This comes as…

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