Asian Investments

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…

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…

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…

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…

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…

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…

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…

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 –…

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…

NEW DELHI, (BM) - India and Russia have signed an agreement on delivering a batch of R-27 air-to-air missiles for the Indian Air Force, learned BulgarianMilitary.com, according ANI news agency report on Monday. Read more: India Buys Medium Range Surface-to-Air Missile Systems for $50 Million "A contract was signed with Russia on delivery of…

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…

WASHINGTON (BM) - The U.S. State Department has approved the possible sale to Taiwan of M1A2T Abrams tanks, Stinger missiles and related equipment at an estimated value of $2.2 billion (£1.8 billion), despite Chinese criticism of the deal, learned BulgarianMilitary.com, quoting Reuters. China’s Foreign Ministry said last month when the possible…

SINGAPORE, (BM) - Singapore will spend around $296 million to build what it calls a next-generation smart training facility for its armed forces, learned BulgarianMilitary.com, quoting Bloomberg. The new training area, dubbed SAFTI City, will replicate urban areas and feature configurable buildings, battlefield simulators, targets with…

NEW DELHI, (BM) - The Indian Air Force (IAF) has signed a INR2 billion ($29 million) deal with Russia for the acquisition of an undisclosed number of 9M120 Ataka (AT-9 ‘Spiral-2’) anti-tank missiles to arm its fleet of Mil Mi-25/35 ‘Hind’ twin-engined attack helicopters, learned BulgarianMilitary.com, quoting Jane`s. Read more: India Buys 21…

WASHINGTON, (BGM) - Malaysia, Indonesia, Philippines and Vietnam buy ScanEagle UAVs totaling $47,9 million, learned BulgarianMilitary.com, according U.S. DoD signed contracts on May 31. The order is for 34 ScanEagle unmanned air vehicles for the governments of Malaysia (12); Indonesia (8); Philippines (8); and Vietnam (6) and the order is…

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,…

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…

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…

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…