Asian Investments

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…

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…

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…

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…

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,…