Senior procurement official have said that the Turkish government is now drafting for their road map on publicizing the Turkish Aerospace Industries on the stock exchange which is the 2nd largest defense company in Turkey. They are hoping that TAI will be gaining better posture in the corporate world once part of their shares will [...]
May 25 2011 | Posted in
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The largest information technology (IT) complex in Turkey, dubbed Teknopark Istanbul, is set to open next year on the Asian side of the country’s economic capitol Istanbul. Supported by Turkey’s powerful Undersecretariat of Defence Industries (SSM) and Istanbul Chamber of Commerce (ITO), the humongous 2.5 million square meter complex will host over 1,000 companies and research institutes operating [...]
May 25 2011 | Posted in
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The Turkish army said May 24 it had canceled two major military exercises in the Aegean Sea region in the west, where tensions with neighboring Greece are high. The annual Efes exercises, involving land, air and naval drills, and the Denizkurdu (Sea Wolf) maneuvers, held at sea every two years, have been canceled, said a [...]
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Britain will review its military bases in Cyprus as it seeks to extract maximum value from a shrinking defence budget, Defence Secretary Liam Fox said in a statement to parliament on Tuesday. Britain has two extensive sovereign base areas on the Mediterranean island, occupying 98 sq miles (254 sq km) or about 3 percent of [...]
May 25 2011 | Posted in
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The Royal Saudi Air Force will participate in this year’s Anatolian Eagle military training exercise, which will begin next month in the central Anatolian province of Konya, a newspaper in Saudi Arabia has reported. This year the participation of the Royal Saudi Air Force, which joined last year’s Anatolian Eagle exercise as an observer, will [...]
“The Middle East region has been passing a legitimacy test, in a sense, with the wave of rebellion in the last months. Up until some weeks ago, Syria had been passing this test quite successfully.” says Oytun Orhan, ORSAM Middle East Researcher. And today, Middle Eastern fire began to spread in Syrian streets… As Tony [...]
May 24 2011 | Posted in
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The launch of the first two operational satellites of the EU’s global navigation satellite system will take place on 20th October, the European Commission announced today. This is just the first of a series of launches due to take off from Europe’s Space Port in Kourou, French Guiana. The launch of the Galileo satellites at [...]
May 24 2011 | Posted in
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Cockpit view of a Turkish F-16 Fighting Falcon. Turkish Aerospace Industries, Inc. (TAI) and Lockheed Martin unveiled the first of 30 new Turkish-built F-16s in ceremonies today at TAI’s facility near Ankara. Turkish officials at the event included the nation’s Minister of National Defense, Vecdi Gonul; Undersecretary for Defense Industries Murad Bayar; Turkish Air Force [...]
May 23 2011 | Posted in
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Çalık Enerji on Sunday started construction of a 750 megawatt natural gas conversion plant in northern Iraq’s city of Mosul. Iraqi Deputy Minister for Electricity Saad Ä°brahim Hammudi, Mosul Governor Esil Nuceyfi, Çalık Holding Chairman Ahmet Çalık and Çalık Enerji General Manager Dr. Osman Saim Dinç have laid the foundations for the new 750 megawatt [...]
May 23 2011 | Posted in
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STRATFOR’s ‘The Agenda’ by George Friedman With the Palestinians demonstrating and the International Monetary Fund in turmoil, it would seem odd to focus this week on something called the Visegrad Group. But this is not a frivolous choice. What the Visegrad Group decided to do last week will, I think, resonate for years, long after [...]
May 23 2011 | Posted in
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