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Bulgarian lawmakers approve purchase of U.S. Javelin missiles
Published by Global Banking & Finance Review®
Posted on March 26, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on March 26, 2025
1 min readLast updated: January 24, 2026
Bulgaria's parliament approves $82.7 million purchase of Javelin missiles from the US to modernize its army and protect territorial integrity.
SOFIA (Reuters) - Bulgaria's parliament on Wednesday approved an $82.7 million purchase of Javelin anti-tank guided missiles from the United States to modernise the country's army and protect its territorial integrity, BTA news agency reported.
In September, the U.S. State Department approved the possible sale of Javelin FGM-148F missiles and related equipment to Bulgaria for $114 million.
The purchase will provide the missiles necessary for the Stryker fighting vehicles that Bulgaria had agreed to obtain from the U.S. for $1.5 billion in 2023, lawmakers said.
BTA said 164 deputies voted in favour of the deal, in the 240-seat parliament.
Bulgaria, a member of NATO and the European Union, has stepped up efforts to replace its obsolete Soviet-era weapons systems with modern ones following Russia's full-scale invasion of Ukraine in February 2022.
It also plans to boost arms production as the EU aims to increase defence funding for member states.
(Reporting by Stoyan Nenov, writing by Daria Sito-Sucic; Editing by Gareth Jones)
The main topic is Bulgaria's approval of a $82.7 million purchase of Javelin missiles from the US to modernize its military.
Bulgaria is purchasing Javelin missiles to modernize its army and replace obsolete Soviet-era weapons systems.
This purchase is significant as it aligns with Bulgaria's efforts to enhance its defense capabilities and comply with NATO standards.
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