Investment News

Turkish- Saudi-Pakistani Tripartite Committee Discusses Defence Cooperation
Defence Politics Bilateral Relations Investment Unmanned Systems

Turkish- Saudi-Pakistani Tripartite Committee Discusses Defence Cooperation

Delegations from three countries discussed developments in the defence industry, technology transfer and localisation, and scientific research.

Rheinmetall Opens its Factory in Hungary
Investment Land

Rheinmetall Opens its Factory in Hungary

Rheinmetall officially opened its Lynx infantry fighting vehicle factory in Zalaegerszeg, Hungary, on 18 August 2023.

Northrop Grumman Launches Hypersonic Capability Centre
Investment Weapon / Missile

Northrop Grumman Launches Hypersonic Capability Centre

Northrop Grumman has revealed its Hypersonic Capability Centre (HCC) to produce advanced propulsion solutions to power missiles over hypersonic speed.

BAYKAR, ROKETSAN and ASELSAN to Export to Saudi Arabia
Bilateral Relations Investment Ammunition Sensors Unmanned Systems

BAYKAR, ROKETSAN and ASELSAN to Export to Saudi Arabia

Turkish BAYKAR, ROKETSAN and ASELSAN Saudi Arabia’s NCMS signed an agreement and two memorandums of understanding in order to export UAV and subcomponents.

Turkish-Pakistani Cooperation on Wind Tunnel
Investment Expo and Air Show Air

Turkish-Pakistani Cooperation on Wind Tunnel

Turkiye and Pakistan will cooperate on wind tunnels. Pakistani company GIDS signed an agreement with TUSAŞ at IDEF.

Baykar Starts R&D Activities in Pakistan
Investment Unmanned Systems

Baykar Starts R&D Activities in Pakistan

Baykar will start operations in Pakistan to conduct R&D at the Pakistan National Aerospace Science and Technology Park.

Türkiye and the UAE Signed 13 Deals Worth 50.7 Billion US Dollars
Investment Bilateral Relations Expo and Air Show

Türkiye and the UAE Signed 13 Deals Worth 50.7 Billion US Dollars

Türkiye and the United Arab Emirates (UAE) on Wednesday signed a total of 13 deals worth 50.7 billion US dollars, according to Anadolu Agency.

ASELSAN Signs a New Export Contract of 123.5 Million USD
Investment

ASELSAN Signs a New Export Contract of 123.5 Million USD

ASELSAN has KAP stating that it signed a contract with an international customer. The value of the contract is 123.5 Million USD.

Turkiye to Deepen Defence Cooperation with Qatar
Bilateral Relations Investment

Turkiye to Deepen Defence Cooperation with Qatar

Vice President Yılmaz stated that Turkiye will deepen its cooperation with Qatar, especially in defence industry and energy.

SDT Acquires Cey Defence
Investment

SDT Acquires Cey Defence

SDT Company bought all the shares of Cey Defence for 4 million TL. SDT announced the takeover from KAP.

Raytheon Asks Retirees’ Assistance to Restart Stinger Production
Weapon / Missile Investment Country

Raytheon Asks Retirees’ Assistance to Restart Stinger Production

Raytheon will restart Stinger production, but the younger generation has to learn the production system from retired ones.

UAE Delegation Visits Turkiye to Invest in Defence Industry
Investment Bilateral Relations Expo and Air Show

UAE Delegation Visits Turkiye to Invest in Defence Industry

A delegation from the UAE visits Turkiye. The delegation will evaluate investment opportunities in various fields, especially in the defence industry.

İsmail Demir Bid Farewell to His Colleagues
Country Investment

İsmail Demir Bid Farewell to His Colleagues

Professor İsmail Demir, who presided over SSB for over nine years, said goodbye to SSB and was appointed Kardemir. Which projects did Demir undertake at SSB?

TÜBİTAK SAGE and Excalibur Army to Cooperate on KUZGUN
Expo and Air Show Investment

TÜBİTAK SAGE and Excalibur Army to Cooperate on KUZGUN

TÜBİTAK SAGE signed an MoU with Excalibur Army, focussing on KUZGUN-guided modular ammunition for developing and producing land weapons systems.