Bulgaria—Government Approves F-16 Buy After Price Drop

The Bulgarian government has approved the purchase of eight F-16 Block 70 fighters from the U.S. for US$1.25 billion, reports the Sofia News Agency. The F-16s are intended to replace the air force’s current Soviet-era MiG-29 fighter aircraft and bring the country closer to NATO standards. Negotiations reduced the purchase price by US$200 million, defense officials said, although it is still higher than the original cost cap of US$1 billion for the program. The deal covers six single-seat...