In June 2018 Bulgarian Parliament approved a plan to spend around $2 billion on its Air Force modernization. It planned to purchase 16 fighter jets to replace its existing air fleet of MiG-29s.
"A new F-16 is a much better aircraft than all the others available," Bulgarian Prime Minister Boiko Borissov said on December 14.
The Atlantic Council of Bulgaria has issued an opinion stating our country should purchase the U.S. F-16 as a new type of fighter for the Bulgarian Air Force, and adding that the government should adhere to the common practice in NATO member states - to acquire the average number of 16 aircraft per squadron, not as planned in two times of 8, learned BulgarianMilitary.com.
At today's regular meeting, the Council of Ministers of the Republic of Bulgaria has approved the investment costs of the projects for the repair of the old Soviet aircraft MiG-29 and Su-25, providing additional BGN 46 million for the first and BGN 82 510 000 million for the Su-25s, learned BulgarianMilitary.com.