Otokar Hit with Romania Penalty, Eyes EU Production
Romania imposed a new penalty over Cobra II delays, while Otokar moves ahead with local production and positions investment as its European manufacturing hub.
Romania imposed a new penalty over Cobra II delays, while Otokar moves ahead with local production and positions investment as its European manufacturing hub.
Otokar to acquire its industrial partner Automecanica shifting from a mandatory JV model to ownership to strengthen local production execution and oversight.
Athens cut its SAFE bids to 6 projects worth €815m, focusing on satellite ISR, counter-drone layers and secure communications through multi-partner cooperation.
Brussels says Greece’s €2.9 billion SAFE proposal exceeds its €787 million ceiling and fails to meet EU cooperation rules, forcing Athens to revise its plan.
In a first, the EU appointed a Polish defence attaché previously posted in Ankara as a military adviser, marking a new phase in EU–Türkiye defence ties.
Ankara has played down reports that Türkiye will procure 10–12 Eurofighter Typhoon Tranche 3A fighters following last week’s official visit to Qatar.
EU countries endorsed a joint Council position on the €800B ReArm Europe plan, opening talks with Parliament to boost defence investment and industry by 2030.
NATO chief Mark Rutte urges EU to admit Türkiye into the €150 billion SAFE defence programme, citing NATO benefits despite strict non-member funding limits.
In 2025, the EU will spend €381 billion ($443 billion) on defence. This is a 10% increase from last year and the most the bloc has ever spent on defence.
Athens may use EU SAFE loans to buy a fourth French FDI frigate, raising debate over whether funds meant to counter Russia should finance Greek-Turkish rivalry.
When looking at its aims, how it plans to use its resources, and how likely it is to work, the EU's SAFE seems to be influenced by political aspirations.