Country News

Turkey increased its export volume in February
Turkiye

Turkey increased its export volume in February

Turkish Exporters Assembly (TIM) published the total export volume of the Defence and Aerospace Industry sector in February 2022.

Ares Shipyard Will Provide Two ARES FCTV to TPAO
Turkiye

Ares Shipyard Will Provide Two ARES FCTV to TPAO

ARES Shipyard will support Turkish Petroleum Corporation’s (TPAO) seismic research vessels in the hydrocarbon exploration activities in the Turkish seas.

Ukraine Imposed Martial Law
Ukraine

Ukraine Imposed Martial Law

Ukraine President Zelensky stated in the decree of No. 64/2022 that Martial law had been imposed from 05:30 on February 24, 2022, for a period of 30 days.

Singapore to Increase 6.5 per cent Defence Budget in 2022
Singapore

Singapore to Increase 6.5 per cent Defence Budget in 2022

Singapore has set a 2022 defence budget of SGD16.36 billion (USD12.16 billion), a nominal increase of SGD1 billion above the amount in 2021.

Zorlu Holding defence company Vestel renamed Lentatek
Turkiye

Zorlu Holding defence company Vestel renamed Lentatek

Zorlu Holding defence company Vestel Savunma has a new brand name. The company is named Lentatek. It is learned that the ownership of the company is unchanged.

Otokar grew 55% in 2021 to 1 billion 76 million TL Profit
Turkiye

Otokar grew 55% in 2021 to 1 billion 76 million TL Profit

Otokar announced its 2021 financial results. It completed 2021 with 55 per cent year-on-year revenue growth and recorded 4.5 billion TL in revenues.

HAVELSAN Published its first Digital News Bulletin
Turkiye

HAVELSAN Published its first Digital News Bulletin

HAVELSAN published its first digital bulleting covering in-house developments and news.

TIM Declares January 2022 Defence and Aviation Export
Turkiye

TIM Declares January 2022 Defence and Aviation Export

TIM declared the export figures for the January 2022 defence and aviation industry, which realised a total of 306 million 811 thousand USD worth of exports.

SSB President Demir Visited MKE
Turkiye

SSB President Demir Visited MKE

SSB President Demir visited the Makine ve Kimya Endüstrisi Inc. Elmadag and Kirikkale. Muhsin Dere, Deputy Minister of Defence, also attended the visit.

SSB Presented Its 2022 Defence Projects
Turkiye

SSB Presented Its 2022 Defence Projects

President of Defence Industries, Professor İsmail Demir, met with the television and newspapers and shared the 2022 targets of the Presidency.

TUSAŞ and ITU set Aeronautics Design Laboratory
Turkiye

TUSAŞ and ITU set Aeronautics Design Laboratory

ITU Faculty of Aeronautics and Astronautics and Turkish Aerospace Industry (TUSAŞ) have set up the Aeronautic and Astronautic Vehicles Design Laboratory.

Boeing Reports Fourth-Quarter 2021: $14.8 billion revenue
USA

Boeing Reports Fourth-Quarter 2021: $14.8 billion revenue

Boeing reported fourth-quarter revenue of $14.8 billion, reflecting higher commercial volume and lower defence revenue.

Demiroğlu, the new Responsible for TUSAŞ Helicopter Group
Turkiye

Demiroğlu, the new Responsible for TUSAŞ Helicopter Group

The Deputy General Manager of TUSAŞ PhD Mehmet Demiroğlu became the new Executive Vice President of Helicopter Group.

Leonardo Denies Being Investigated for Kuwait's Eurofighter
Kuwait

Leonardo Denies Being Investigated for Kuwait's Eurofighter

Leonardo stated that it is not the focus of a court inquiry into the Kuwait Eurofighter programme and that its deal to provide 28 fighters is going as planned.