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Daily Rapid Fire Morning 2011-05-31: Azerbaijan’s Satellite

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  • The Indian Navy receive an additional five MiG-29K/KUB carrier-based fighters. The deal forms part of $1.5 billion contract signed by Russia and India for the retrofitting and delivery of the Admiral Gorshkov carrier.
  • Azerbaijan to purchase its first communications satellite. The $120 million AzerSat will be funded by the United States and built by Orbital Sciences Corp. Launch is planned for 2012.
  • Bulgaria’s Prime Minister indicates that the country may team up with Turkey, Romania and Croatia to jointly-purchase modern jet fighters. Boyko Borisov also confirmed that Bulgaria will allocate 300 million leva ($221 million) to the defense budget. This is a significant increase on last year’s budget allocation.
  • According to the Financial Times [registration required], the UK Serious Fraud Office launches an investigation into alleged bribery of Saudi officials by EADS subsidiary GPT Special Project Management. The investigation is focused on a $3.3 billion contract to provide the Saudi National Guard with communications and intranet services.
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