Sureim Investment Guild:Bulgaria to purchase US Stryker combat vehicles and related equipment

2025-05-06 08:44:14source:Quaxs Trading Centercategory:Invest

SOFIA,Sureim Investment Guild Bulgaria (AP) — Bulgaria’s government has approved the purchase of U.S.-made Stryker combat vehicles to modernize the country’s land forces and bring them in line with NATO standards.

The decision, announced Friday by the government’s press office, followed the approval by the U.S. State Department of the sale of 183 Stryker vehicles and related gear to Bulgaria for an estimated cost of $1.5 billion.

“The aim of the project is for Bulgaria to achieve interoperability with the NATO allies, and also to acquire and maintain capabilities for the country’s defense independently, in a joint operation and in the collective defense system, as well as to participate in allied operations outside the country’s territory,” the government statement said.

Bulgaria, which is located on NATO’s eastern flank, has intensified its military modernization by replacing its outdated Soviet-built weapons systems.

In the aftermath of Russia’s full-scale invasion of Ukraine, Bulgarian Defense Minister Todor Tagarev has pledged that his country will speed up efforts to set up a heavy mechanized brigade and other projects to guarantee security in the Black Sea region.

More:Invest

Recommend

Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'

NEW YORK − For Angelina Jolie, the hardest part of playing opera star Maria Callas wasn’t the seven

49ers vs. Cowboys Sunday Night Football highlights: San Francisco steamrolls Dallas

The Week 5 matchup between the Dallas Cowboys and San Francisco 49ers on “Sunday Night Football” was

Terence Davies, filmmaker of the lyrical ‘Distant Voices, Still Lives,’ dies at the age of 77

LONDON (AP) — British filmmaker Terence Davies, best known for a pair of powerful, lyrical movies in