Investment News

Electromagnetic Rail Gun: the U.S. Gives Up, Turkey Hopes
Turkiye

Electromagnetic Rail Gun: the U.S. Gives Up, Turkey Hopes

U.S. Navy preferred the budget cut on the Electromagnetic Rail Gun project even though the system sent projectiles at supersonic speed. Turkiye continues.

İşbir Elektrik Prepares for New Facility
Turkiye

İşbir Elektrik Prepares for New Facility

İşbir Elektrik will move to its new facility. The facility was established in 1978 as the Power Generation Machinery Factory.

Australia to Invest in Indigenous Guided Weapons
Australia

Australia to Invest in Indigenous Guided Weapons

The Australian government aims to develop its own guided weapons, ending the dependency on overseas ones.

IDEF'21, Turkey's largest industry meeting, counts down days
Turkiye

IDEF'21, Turkey's largest industry meeting, counts down days

The 15th IDEF International Defence Industry Fair, IDEF 2021, will be organised between 17 - 20 August 2021 in İstanbul.

Cobham Wants to Takeover Ultra Despite Government Concerns
USA United Kingdom

Cobham Wants to Takeover Ultra Despite Government Concerns

US-owned Cobham wants to take over its rival company, Ultra Electronics. Ultra said it had received a takeover bid of £35 per share from Cobham.

Turkish Aircraft Carrier at Preliminary Research Stage
Turkiye

Turkish Aircraft Carrier at Preliminary Research Stage

Turkish President Recep Tayyip Erdoğan said in January 2021 that Turkiye would build its aircraft carrier.

Antonov wants to land in Quebec
Canada Ukraine

Antonov wants to land in Quebec

Antonov wants to design and make the final assembly of an An-74 transport aircraft in Quebec, Canada.

Two Turkish companies entered the list of Top 100 Defence
Turkiye

Two Turkish companies entered the list of Top 100 Defence

Two Turkish companies entered the “Defence News Top 100” list. The list is prepared based on data from a year ago.

MKE; First Export with The New Name
Turkiye Jordan

MKE; First Export with The New Name

The Machinery and Chemical Industry Institution is transformed to Mechanical and Chemical Industry Incorporated Company.

Hankaya   Defence Provides In-house 12.7 testing: Tuzak 12.7
Turkiye

Hankaya Defence Provides In-house 12.7 testing: Tuzak 12.7

Hankaya Defence has produced a weapon fire test system domestically. The system aims to save time and money to test weapons.

Turkish Defence Export at Rising
Turkiye

Turkish Defence Export at Rising

TIM published the export data of Turkey for June 2021. The Defence sector exported a total of $ 221 million 791 thousand in June.

MKEK is now MKE Joint Stock Company
Turkiye

MKEK is now MKE Joint Stock Company

TBMM accepted the law proposal regulating the Machinery and Chemical Industry Institution (MKEK) as a joint-stock company.

Have You Seen our new Tab; Exclusive Files
Ukraine

Have You Seen our new Tab; Exclusive Files

This page will provide video, audio and written information. You may find interviews, articles, analyses, opinions here.

Turkish Aerospace is building Wind tunnel for TF-X
Turkiye

Turkish Aerospace is building Wind tunnel for TF-X

Turkish Aerospace (TUSAŞ) is building Turkey’s biggest and Europe’s second-largest subsonic wind tunnel facility to test Turkish fighter fighter (TF-X).