A mission of US defense and aerospace industry firms, which include Bell, Boeing and Sikorsky, will visit Istanbul and Ankara to seek local partners. The US commerce undersecretary will lead the mission.
A large business mission of U.S.-based defense and aerospace companies, including world giants such as Bell Helicopter, Boeing, General Electric and Sikorsky, will arrive in Turkey on Dec. 3 to seek local contracts and partnerships, according to a written statement by the U.S. Embassy in Ankara. U.S. Commerce Undersecretary Francisco J. Sanchez will lead the trade mission of 19 American firms, the statement said.
“Turkey is a priority market for the U.S. Department of Commerce – and the only one in Europe. More and more American firms are discovering the Turkish market and seeking partners in this growing economy. I look forward to returning to Turkey with leading U.S. defense and aerospace companies to facilitate partnerships with Turkish firms,” Sanchez said.
The trade mission will visit Ankara from Dec. 3 to Dec. 5 before going to Istanbul on Dec. 6 for two days.
“The mission will identify opportunities for U.S.-Turkish business partnerships and offer trade financing to qualified firms. This business development effort is part of ongoing efforts to increase bilateral trade and investment between the United States and Turkey, under the aegis of the Framework for Strategic Economic and Commercial Cooperation,” the statement said.
Turkish sector companies are asked to request face-to-face introductions with U.S. companies on the mission.
U.S. companies won two contracts in the past year and are viewed as front-runners in two others. In April 2011, Sikorsky Aircraft defeated Italy’s AgustaWestland in a competition to lead the co-production of more than 100 T-70 utility helicopters, a Turkish version of the Black Hawk International. In January 2012, Turkey’s top procurement body picked Bell Helicopter Textron for the country’s light police helicopters.
The U.S. is among the strongest bidders for Turkey’s estimated $4 billion Long-Range Air and Missile Defense Systems program.
“Since President [Barack] Obama’s visit to Turkey in 2009, we are adding to our vibrant political and defense relationships through increased bilateral trade and investment,” U.S. Ambassador Francis J. Ricciardone noted in the press release.
“In 2011 we set a new record with nearly $20 billion in U.S.-Turkish trade. This year, we saw the first visit of a U.S. secretary of commerce to Turkey in 14 years and the first visit ever by a U.S. trade representative. Despite regional tensions, our trade and investment relationship is stronger than ever, building on Turkey’s economic success. In this way, we are fulfilling President Obama’s call to ‘renew the alliance between our nations and the friendship between our peoples.’”
The mission is organized the U.S. Mission’s Commercial Service in partnership with the Undersecretariat of the Defense Industry, Ankara Industry Chamber, Turkish Union of Chambers and Commodities Exchanges (TOBB), American Business Forum in Turkey and the Turkish Businessmen’s Association.