Investment News

Greece Prepares its Roadmap to Develop its Defence Industry
Greece

Greece Prepares its Roadmap to Develop its Defence Industry

Greece unveils 22 cutting-edge defence projects through Hellenic Centre for Defence Innovation ELKAK, with focus on unmanned systems, AI and directed energy.

Poland Close to Decide on the Partner for Ammunition JV
Poland Turkiye

Poland Close to Decide on the Partner for Ammunition JV

Turkiye, ROK, Germany, and France are the contenders for Poland’s tender for a Joint Venture (JV) on ammunition production to be concluded in a few months.

Baykar Prepares for Jet Engine Production in Samsun
Turkiye

Baykar Prepares for Jet Engine Production in Samsun

Baykar’s recent investment is for the production of various gas turbine engines in a facility being set up inside the Samsun Tekkeköy OSB industrial zone.

Repkon USA to Produce TNT with a $435 Million Contract
USA

Repkon USA to Produce TNT with a $435 Million Contract

The U.S. Army has signed a $435 million agreement with Repkon USA, the American subsidiary of Türkiye-based defence manufacturer Repkon, to produce TNT locally.

TOMTAŞ Facility for Hürjet Trainer Receives Incentive
Turkiye

TOMTAŞ Facility for Hürjet Trainer Receives Incentive

The production facility of TOMTAŞ being built in Kayseri for TUSAŞ’s Hürjet Advanced Trainer/LCA will receive project-based support from the government.

ASELSAN Receives $616 Million Super Incentive for Steel Dome
Turkiye

ASELSAN Receives $616 Million Super Incentive for Steel Dome

ASELSAN received a $616 million super incentive for radar, sensors, smart ammunition electronics and air defence technologies for Steel Dome production.

MKE and Polish Deputy MoD Discuss 155 mm ToT and Production
Poland Turkiye

MKE and Polish Deputy MoD Discuss 155 mm ToT and Production

The Polish Government announced that a meeting between the MKE GM İlhami Keleş and Polish Deputy MoD Paweł Bejda took place regarding 155 mm ammunition ToT.

Otokar Establishes OTOKAR LAND SYSTEMS SRL in Romania
Romania Turkiye

Otokar Establishes OTOKAR LAND SYSTEMS SRL in Romania

Otokar will establish a new company in Romania to produce COBRA II ACV. This step was taken as part of the €857 million agreement signed with Romania.

Brazilian Embraer to Set up Poland's KC-390 Assembly Line
Brazil Poland

Brazilian Embraer to Set up Poland's KC-390 Assembly Line

The Brazilian aeronautical business Embraer disclosed their intention to construct a production line for Poland's KC-390 military transport aircraft.

ASELSAN and SSB Sign Land Vehicles Payload Contract
Turkiye

ASELSAN and SSB Sign Land Vehicles Payload Contract

ASELSAN stated at KAP that it signed an agreement with the Secretariat of Defence Industries (SSB) valuing EUR 36 million to procure land vehicle payloads.

ASELSAN and SSB Sign Radar Systems Procurement Contract
Turkiye

ASELSAN and SSB Sign Radar Systems Procurement Contract

ASELSAN stated that it signed an agreement with the Secretariat of Defence Industries (SSB) valuing $ 107.480.950 to procure new-generation Radar Systems.

Turkish FlyBVLOS Secures ICT Technology Transfer from Taiwan
Turkiye Taiwan

Turkish FlyBVLOS Secures ICT Technology Transfer from Taiwan

Turkiye secures an ICT technology transfer agreement with Taiwanese Accton, boosting national security, local defence production, and technological autonomy.

Baykar-Leonardo JV Paves a Way Into the European Market
Italy Turkiye

Baykar-Leonardo JV Paves a Way Into the European Market

The year 2024 ended with Baykar acquiring Piaggio Aerospace, but 2025 has begun with something on a larger scale: a joint venture between Baykar and Leonardo.

Leonardo and Baykar established JV for Unmanned Technologies
Italy Turkiye

Leonardo and Baykar established JV for Unmanned Technologies

Leonardo and Baykar signed a Memorandum of Understanding to establish a joint venture for UAS, where Baykar will provide the platform and Leonardo’s payloads.