Hungary began to operate the Mi-24 in 1993 after receiving 20 Mi-24D/Vs as a gift from Germany. However, they realized that they were already obsolete by the time they were sent into service. An upgrade program was started to refit the Mi-24Ds and upgrade them to the Mi-24V and Mi-24P variant, which included the new GSh-30-2 fixed twin-barrel cannon, 9K114 Shturm (AT-6 "Spiral") radio-guided anti-armour missiles, integrated navigations and communications, and an English-language display/computer system.

It was introduced in Update "Sons of Attila". The Mi-24P is very similar to the Mi-24V, having the same airframe, technology, and weapons. The only difference is the gun armament: the chin-mounted Yak-B Gatling gun has been replaced with a fixed GSh-30-2 cannon mounted on the right side of the nose. This is the same type of cannon mounted on the Su-25 attack jet, another Soviet "flying tank". Although it is difficult to aim, a quick burst from the cannon can shred lightly armoured vehicles. Thus, the Mi-24P is a sidegrade to the Mi-24V, having more anti-ground ability at the cost of a minor amount of anti-air capability.