U.S. Approves $620 Million Naval Strike Deal with Bulgaria

The U.S. State Department has approved a potential $620 million deal to sell a Naval Strike Missile Coastal Defense System to Bulgaria. The deal, aimed at boosting Bulgaria's coastal defense capabilities, lists Kongsberg Defence and Aerospace AS as the principal contractor.

The U.S. State Department has given the green light for a potential $620 million deal to sell a Naval Strike Missile Coastal Defense System to Bulgaria, according to a Pentagon announcement on Monday.

The sale, which includes related equipment, underscores efforts to enhance Bulgaria's coastal defense capabilities amid regional security concerns.

Kongsberg Defence and Aerospace AS, a key player in defense manufacturing, has been named as the principal contractor for this important transaction.

(With inputs from agencies.)