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Wednesday, January 31, 2007

Bulgarian MOD Terminates Helicopter Upgrade Contract with Elbit

Mi-24 Attack HelicopterThe Bulgarian Ministry of Defense terminated a contract for the upgrading of attack and assault helicopters awarded to Elbit Systems in 2004.

Elbit Systems won the contract to modernize 12 Russian-built Mi-24 attack helicopters and six Mi-17 transport helicopters offering €57 million (about US$74 million) beating competition from BAE Systems, Sagem and IAI.

The program faced serious obstacles immediately after the selection was announced as the Russian manufacturers of the helicopters and engines protested that the program withheld permit to authorize the work and refused to support their engines.

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