Turkey's defense industry projects on rise

The amount of Turkish internationally preferred defense industry projects increased. The ministry aims the turnover to be USD 8 billion and export to be USD 2 billion by 2016.

Turkey's defense industry projects on rise

World Bulletin/News Desk

The amount of the projects undertaken by Turkish Ministry of Defense reached 45,387,000,000 TL by increasing 85 percent in the last 5 years.

The turnover and export of projects including next generation strike aircraft weapon systems (JSF), new style submarine, ALTAY national war tank, ATAK helicopter, A400M transformation aircraft, MILGEM war marine and guided missiles by Undersecretariat of Defense Industry increased considerably.

Armored vehicles, coastguard boats, station ships, night seeing and targeting systems, electronic war, test and education systems, aircraft simulators, air defense systems as well as many other products manufactured in international standards gain currency in the world.

The defense and aviation sector's 2012 turnover increased by 9 percent and reached USD 4.75 billion, while the export increased by 16 percent and reached USD 1.26 billion.

The ministry aims the turnover to be USD 8 billion and export to be USD 2 billion by 2016. 

 

Last Mod: 18 Mayıs 2013, 14:16
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