TR Defence
Category archives for: Turkish Economy News

IDEF 2013: Otokar positions for exports with new designs

Otokar TULPAR IFV with the Mizrak turret system featuring a 30mm dual-fed cannon and Aselsan electro-optics.

Otokar made further moves to position itself as a viable alternative to Western manufacturers with the release of three new vehicles at the IDEF exhibition in Istanbul. Alongside the second prototype of the Altay MBT, Otokar unveiled the Tulpar armoured vehicle, the Cobra II 4×4 and the Ural 4×4 tactical vehicle. The company, which claims [...]

Defence Innovations from Turkey

Otokar's COBRA 2

Turkey has a vibrant and increasingly capable defence industry that is determined to boost its export earnings up to $2 billion a year, a goal that the Defence and Aerospace Industry Exporters Association says is well within reach. Broadly based and innovative, its products include aircraft, land vehicles, warships, weapon systems ranging from small arms [...]

Turkey awaits the new nuclear bid

turkey-nuclear-energy

Turkey is getting ready to choose a winning tender for its second nuclear plant and Istanbul’s third airport as early as tomorrow, amid a firesale of many state assets, including a key port in Istanbul and Turkey’s railroads, Two high-profile tenders are expected to be finalized tomorrow, one for Istanbul’s third airport and the other [...]

Aselsan to produce STAMP & STOP systems in UAE

aselsanstamp

Turkey’s defence electronics giant Aselsan has signed a $2.7 million contract with IGG of the United Arab Emirates. The contract aims to build and upgrade IGG’s facilities for the production of Aselsan’s proprietary STAMP and STOP stabilized remote weapon systems. STAMP features a two-axis gyro stabilized 12.7mm machine gun, remote command and control systems and a sensor suite complete [...]

2016: Turkey’s defense purchases to reach $8 billion

Turkey will buy around 100 F-35 Joint Strike Fighter Lightning II aircraft. EPA photo

Turkey will spend up to $8 billion in defense purchases as its exports will reach $2 billion in 2016, four years from now, according to a major estimation by the procurement agency, the Undersecretariat for Defense Industries (SSM). The present figures are around half of that. The expectations in the SSM’s updated 2012-2016 strategic program [...]

Attack on Turkey-Iraq pipeline knocks out oil flows

fire

Turkish authorities are blaming sabotage for a fire on a pipeline carrying petroleum from Iraq to Turkey’s Mediterranean coast that cut oil flows late on Friday, NTV television said. The fire on the Kirkuk-Ceyhan pipeline erupted near the town of Midyat in southeastern Turkey, it said, citing the provincial governor. The Governor of Mardin, Turhan [...]

Global Defense Sales Slip 3.3%, Aerospace Rises

stockmarket

Worldwide defense sales fell 3.3 percent in 2011 from a year ago, driven by governments’ spending priorities, weak Western economies, and withdrawal from Iraq and Afghanistan, a report from consultancy Deloitte said. The decline in defense contrasted with an overall 2.3 percent rise in global aerospace and defense revenues, helped by higher production rates of [...]

Turkey: A paradox of secular and Islamic

As a secular but predominantly Muslim democracy, Turkey straddles the east and west

Turkey is a paradox: it is secular and Islamic, modern and traditional, wants to be Western – yet tends to looks eastwards. But whatever Turkey is doing, it seems to be working. Last year, Turkey emerged as a source of inspiration for countries in the Middle East during the Arab Spring; the country is now [...]

SSM releases timetable for major projects

A prototype of T-129 Atak helicopters co-developed by Turkey and Italian AgustaWestland is seen during a test flight. First Atak is planned to be delivered by 2013.

Turkey’s Undersecretariat for the Defense Industry has disclosed a new five-year strategic plan, which finalizes completion dates for key projects including Turkish-made tanks, aircraft, satellites, destroyers, and helicopters, in a bid to lift the country’s defense industry into a higher league. Altay, the Turkish-made tank project, will be complete by the end of 2015, the [...]

Turkey sells mini drones to Qatar

bayraktar-uav

In an effort to boost defense industry exports to Islamic states, Turkey has recently sold 10 mini drones to Qatar, a senior procurement official said Sunday. The small unmanned aerial vehicles (SUAVs) were exported under a general agreement made during the International Defense Fair (IDEF), which convened in Istanbul May 2011, for the sale of [...]



Please donate as little as $1 and help TR Defence remain as an independent publication.



Copyright ©2013 TR Defence, Inc. All rigths reserved. Contact: trdefence@live.com

Check out our new Forums today!