Yılmaz Sets Turkiye’s 2024 Defence Export Target: $7 Billion
Vice President of Turkiye Cevdet Yılmaz announced that Turkish Defence Industry targets reaching $ 7 billion export volume.
Vice President of Turkiye Cevdet Yılmaz announced that Turkish Defence Industry targets reaching $ 7 billion export volume.
Saudi Arabian SAMI has signed MoUs with three Turkish defence firms to contribute to its localised defence industry efforts.
Serbia has reportedly sold €800m worth of ammunition to the Western countries since the Russian invasion of Ukraine to date.
Turkish Defence and Engineering Company Savronik attended the Eurosatory air and land expo held in Paris.
According to SIBAT, Israeli military businesses received new export contracts at a record $13 billion in 2023.
ASELSAN stated that it had signed an export agreement with an international customer on Electronic Warfare, Radar, Sonar Systems, and Guidance Kits.
ASFAT, as the main contractor, has exported 46 BMC VURAN 4x4 vehicles to the Georgian Ministry of Defence.
According to the Turkish Exporters Assembly (TIM) data, the Turkish defence and aviation sector reached $876 million in exports in May 2024.
Philippines Air Force has taken delivery of the last two T129 ATAK helicopters in the six-helicopter batch.
A video of TRT World showing ASELSAN’s export products included a modernised turret for Chile’s Leopard 2A4 MBTs, which ASELSAN will modernise.
Turkish Ministry of Trade announces that Turkiye is suspending all exports and imports to and from Israel.
The Industrial Cooperation Days in Defence and Aerospace (ICDDA) international event will be hosted by the Ankara ATO Congresium from 17 to 19 April 2024.
TAAC Aerospace Technologies (TAAC), which develops landing gear and subsystems for air platforms, signed its first export contract with the United Arab Emirates.
While exports in Turkiye increased in the first three months, the volume contracted in March. Defence industry exports in March were $370 million 654 027.