The Bulgarian Air Force has plans to sell half of its Soviet-made helicopters to finance the modernisation of the remaining aircraft, Defence Minister Anyu Angelov has said.

The funds raised from selling six Mil Mi-17s and six Mil Mi-24s will be used to renovate the remaining six Mi-17 and six Mi-24.

The $10.12m fund by the Nato security iInvestment programme will be used to complete the modernisation of its Graf Ignatievo air base.

The command posts will be connected to the Nato airborne warning and control system (AWACS), he added.

The Bulgarian air force currently has two Eurocopter AS532 Cougars and three Eurocopter AS565 Panthers, according to Xinhua.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.