Country News

Turkish Export Reaches $ 514.7 Million in October
Country

Turkish Export Reaches $ 514.7 Million in October

According to the Turkiye Export Assembly figures, the defence and aerospace industry exported $ 514.7 million in October 2023.

Pie: Defence Budgets of European Countries Increased Due to the War
Country

Pie: Defence Budgets of European Countries Increased Due to the War

Jan Pie, Secretary General of the Aerospace, Security and Defence Industries Association of Europe announced that Europe is preparing for the war economy.

Chief of General Staff General Gürak Visits ASELSAN
Country

Chief of General Staff General Gürak Visits ASELSAN

Chief of General Staff, General Metin Gürak and his accompanying delegation visited ASELSAN.

New General Manager at BİTES: Erinç Albayrak
Country Simulator / AI / Drill/ Software

New General Manager at BİTES: Erinç Albayrak

After the board of directors meeting at BİTES, the General Manager, Uğur Coşkun, is replaced by Erinç Albayrak as acting General Manager.

Largest Naval Parade at the Anniversary of the Republic
Navy / Maritime Country

Largest Naval Parade at the Anniversary of the Republic

Turkiye celebrates the 100th anniversary of the Republic with a military ship parade at the Istanbul Stait.

STM Produces Yaw Damping System
Navy / Maritime Country

STM Produces Yaw Damping System

STM nationalised the 'Yaw Damping System', which will be used for the first time in MİLGEM İSTİF Class Frigates.

Roketsan is Preparing Versions of the TAYFUN Ballistic Missile
Weapon / Missile Country

Roketsan is Preparing Versions of the TAYFUN Ballistic Missile

Roketsan General Manager Murat İkinci declared that the company is working on versions of the TAYFUN Ballistic missile.

Second Yom Kippur War in Israel
Country

Second Yom Kippur War in Israel

Hamas attacked Israel on the 50th anniversary of the Yom Kippur War, which started on October 6, 1973.

Defence Industry Exports in September 2023: $430.2 Million
Country Unmanned Systems Ammunition

Defence Industry Exports in September 2023: $430.2 Million

Turkish defence and aerospace exports in September 2023 reached $ 430.2 million. The total export volume is $3.8 billion in the first nine months.

Aselsan and Roketsan Sign Agreement
Country Investment

Aselsan and Roketsan Sign Agreement

Aselsan and Roketsan signed an agreement regarding Communication Systems, Seeker Systems and Fire Control Systems.

FNSS Emphasises the Importance of R&D
Investment Country

FNSS Emphasises the Importance of R&D

FNSS ranked 17th among the 250 largest companies according to R&D expenditures in 2022.

TEI, İŞBİR and ASPİLSAN Top Managements Renewed
Country

TEI, İŞBİR and ASPİLSAN Top Managements Renewed

The new boards of directors of TEI, ASPİLSAN and İŞBİR companies have been set. The management of other TAFF companies will meet with a similar agenda soon.

 What does OVP promise to the Turkish Defence Industry?
Country

What does OVP promise to the Turkish Defence Industry?

The Medium-Term Program (OVP), that determines the roadmap of the Turkish economy for next three years, has been announced. The OVP includes defence industry.

August Export Volume: USD 376.1 Million
Country

August Export Volume: USD 376.1 Million

Turkish defence and aerospace industry’s August 2023 export volume is USD 376.1 million. The volume does not include recent exports to Saudi Arabia.