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Reuters
Reuters
Business

Bulgaria inches closer to buying more F-16s to replace Russian jets

Bulgaria United States Lockheed Martin NATO
FILE PHOTO: A Lockheed Martin F-16 fighter of the Belgian Air Force performs at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 22, 2019. REUTERS/Pascal Rossignol

Bulgaria inched closer on Wednesday to buying a second batch of eight new F-16 aircraft and related equipment from the United States in a deal valued at $1.30 billion, interim Defence Minister Dimitar Stoyanov said.

The European Union and NATO member country, which had ordered eight Lockheed Martin F-16 jets in 2019, is seeking to replace its ageing Russian MiG-29 fighter jets and improve its compliance to NATO standards.

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