Asian Investments

The TASS news agency reports that a batch of the Russian Pantsir-S1 mobile surface-to-air missile system goes to the far eastern country of Myanmar. The agreement between the two countries also includes the supply of Orlan-10E drones and radars, learned BulgarianMilitary.com.

Russia has plans to export in the next 5 to 7 years its latest developments in the field of air and ground defense, namely the Su-57 fighter and the tank of the fourth generation and the only one in the world in this class - the Armata

Russian specialists from Rosoboronexport have returned to a number of countries to transfer military equipment and weapons to foreign customers, said Alexander Mikheev, general director of the state-owned company, learned BulgarianMilitary.com.

The Indian Ministry of Defense approved the accelerated implementation of projects for the production and acquisition of the latest weapons for the country's armed forces, learned BulgarianMilitary.com

Sukhoi intends to establish serial production of an export version of the fifth-generation Su-57 fighter and launch combat drones on the market, follows from the company's annual report for 2019, learned BulgarianMilitary.com.

India and Russia have not reached an agreement on a proposal for a commercial price for the production of AK-203 assault rifles at a joint Russian-Indian enterprise in the city of Korwa

According to Indian media reports, the country's Ministry of Defense has approved an additional purchase from the state administration of weapons factories 156 produced under the license of BMP-2/2K "Sarath"

The signing of a contract for the construction of amphibious assault ship (AAS) with reference to a source in the military-industrial complex was reported by TASS, learned BulgarianMilitary.com.

China’s military budget in 2020 will grow by 6.6% and reach 1.27 trillion yuan ($ 178.8 billion), follows from the country's 2020 draft budget published on Friday, learned BulgarianMilitary.com.

According to the press service of the company, Rosoboronexport expects high demand for a new radar in the countries of the Asia-Pacific region, the Middle East and North Africa

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

The Ministry of Defense of Indonesia allocated 3.6 trillion rupees ($ 286 million) for the purchase of 79 units of Russian amphibious armored personnel carriers BT-3F, learned BulgarianMilitary.com citing news agency Regnum

The Indian Army has ordered 17,000 "Negev" machine guns from the company on a fast track after international competition. The volume of the transaction is estimated around $118 million.