Browsing Tag

Asian Investments

India cuts military budget due to coronavirus pandemic

The Ministry of Finance of India has tightened the policy of allocating funds to the programs of the Ministry of Defense of the country due to the financial and economic effect of the pandemic of the coronavirus COVID-19, learned BulgarianMilitary.com

Russia plans to buy several dozen Su-34 front-line bombers

MOSCOW, (BM) - The Russian Ministry of Defense plans in the summer to sign a new contract for the supply of several dozen Su-34 front-line bombers to the Russian Aerospace Forces, the combat capabilities of which will be expanded based on the Sych development work, learned BulgarianMilitary.com according TASS information and a source from Russian

India bought single-engine Tejas fighter jets totalling $5,5B

NEW DELHI, (BM) - India has bought new single-engine Tejas fighters from the local company HAL as the largest military purchase in recent years, learned BulgarianMilitary.com, citing TV channel Zvezda. The total transaction for the purchase of aircraft transactions amounted to $ 5.46 billion. It is noted that initially, an Indian

India is ready to spend $2,6B for new naval helicopters by US’ Lockheed Martin

NEW DELHI, (BM) - India is set to give final approval to a $2.6 billion deal for military helicopters from U.S. defence firm Lockheed Martin ahead of a proposed visit by U.S. President Donald Trump this month, learned BulgarianMilitary.com, citing defence and industry sources. Read more: Military and defense analyzes, comments, opinions and

Putin announced the strengthening of Russia’s position in the global arms market

MOSCOW, (BM) - Russia is strengthening its position in the global arms market even in the face of increased sanctions and unfair competition, learned BulgarianMilitary.com, quoting President Vladimir Putin statement at a meeting of the commission on military-technical cooperation with foreign states. Read more: Why Russia sells its latest

Gripen by SAAB might change the Indian economy

NEW DELHI, (BM) - Saab AB wants control of local manufacturing in India if it beats the likes of Boeing Co. and Lockheed Martin Corp. in the race for the world’s biggest warplane contract, learned BulgarianMilitary.com. Read more: The S-400 Will Significantly Increase the Level of the Indian Defense The Swedish manufacturer is in the

India Buys Lightweight Naval Guns for About of $1.02 Billion

WASHINGTON, (BM) - The Government of India has requested to buy up to thirteen (13) MK 45 5 inch/62 caliber (MOD 4) naval guns and three thousand five hundred (3,500) D349 Projectile, 5”/54 MK 92 MOD 1 Ammunition, all about $1.02 billion, learned BulgarianMilitary.com. Read more: India Has Paid in Euro to Avoid US Sanctions and Buys S-400

India Has Paid in Euro to Avoid US Sanctions and Buys S-400 Defence System

NEW DELHI, (BM) - India has made an advance payment to Russia for five squadrons of Russian-made Almaz-Antei S-400 Triumf air defense systems (NATO reporting name: SA-21 Growler) for service in the Indian Air Force (IAF), learned BulgarianMilitary.com, according to the head of Rostec, Sergey Chemezov. “The advance payment has been made. I don’t

The F-35 Stealth Fighter Jet is Cheaper Than the Chinese J-20

BEIJING, (BM) - The Chinese media have concluded that mass production American fighter F-35 led to the fact that the Chinese J-20 is now the more expensive fifth generation aircraft, learned BulgarianMilitary.com. Read more: China Showcased the Largest J-20 Stealth Fighter Jets Formation Recall that in China believe that today only the

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