Bulgaria's parliament has approved the purchase of eight new American fighter jets as part of a plan to replace the Balkan country's aging Soviet-built jets and to bring its air force in line with NATO standards.
Lawmakers voted 123-78 on Friday in favour of a government motion to buy the eight F-16 Block 70 aircraft, which will be the biggest military procurement in post-Communist Bulgaria.
Two legislators abstained from the vote.
The USD 1.25 billion deal includes the jets, ammunition, equipment and pilot training. The six single-seat and two two-seat F-16s would be delivered by 2023.
The defense minister will sign the contract with producer Lockheed Martin.
Bulgaria joined NATO in 2004 and the European Union three years later.
Disclaimer: No Business Standard Journalist was involved in creation of this content