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March 9, 2011 ÜMİT ENGİNSOY
ANKARA - Hürriyet Daily News
Italian defense giant Finmeccanica, a top international group operating in Turkey's defense and aerospace industries, is proposing a partnership to meet Turkey's future military aircraft requirements, a top company official has said.
"In the short and medium term, for example, Turkey already has or will soon have requirements for passenger and military air transport and latest-generation trainer aircraft, for which the Finmeccanica Group companies offer themselves as partners for national companies," Finmeccanica commercial director Paolo Pozzessere told the Hürriyet Daily News & Economic Review in an interview earlier this week.
AgustaWestland, a Finmeccanica company, has already secured multibillion-dollar contracts to lead the joint production of the Turkish Armys T129 attack helicopters, a Turkish version of the A129. Finmeccanica's Telespazio is also building Turkey's first military satellite.
AgustaWestland is competing with the United States Sikorsky Aircraft for a Turkish program to build 109 new-generation utility helicopters in a deal worth up to $4 billion. Turkey's decision-making body on defense procurement may announce the winner later this month.
MBDA, a Finmeccanica-related company, is also in competition with U.S., Russian and Chinese rivals for Turkey's program for the acquisition of long-range anti-missile and anti-aircraft defense systems in a contract that would also be worth billions of dollars. Turkey is expected to announce its selection at the end of this year or in 2012.
Analysts have predicted Turkey will spend tens of billions of dollars on various requirements for its military aircraft over the next 15 years.
Finmeccanica's goal
Pozzessere said Finmeccanica's main objective was to maintain its current leading position in the Turkish market and to use Turkey's potential to increase penetration into countries in the region.
He also said Finmeccanica's strategic objective in the Turkish market was to reach a global agreement with the Turkish Armed Forces Foundation, a top Turkish defense group.
"We cannot fail to dedicate special attention to this group, which is very similar to our own," Pozzessere said. "Today, we are looking to focus on defense electronics, where we regard Turkish companies, particularly those of the Turkish Armed Forces Foundation, as our main partners."
Pozzessere said "this model can also be found in our proposals relating to air defense and antimissile land systems, where we are able to offer highly competitive systems and products." His remarks referred to MBDA's participation in the Turkish air defense competition.
Pozzessere said Finmeccanica and local Turkish companies could also jointly cooperate in international competitions.
"The defense electronics segment should be developed further by cooperating with local industries in international tenders," he said. "Our companies have long had production agreements with small- and medium-sized Turkish firms that combine excellent quality with competitive prices."
The Turkish Armed Forces Foundation owns majority stakes in the country's top defense companies, including the aerospace firm Turkish Aerospace Industries, or TAI; military electronics firm Aselsan; software company Havelsan; and rocket manufacturer Roketsan. These four are among Turkey's five biggest defense companies. AgustaWestland is already working with TAI on the T129 program.
Finmeccanica S.p.A., meanwhile, is the second-largest industrial group and the largest of the high-tech industrial groups based in Italy. It works in the fields of defense, aerospace, security, transport and energy and is partially owned by the Italian government, with the Treasury holding about 30 percent of Finmeccanica's shares. In 2009, its global revenue exceeded $18 billion.
Top Finmeccanica companies also include aircraft makers Alenia Aeronautica and Alenia Aermacchi; space company Thales Alenia Thales; and electronics manufacturer Selex.
Italians offer Turkey partnership on new military aircraft plan - Hurriyet Daily News and Economic Review
ANKARA - Hürriyet Daily News
Italian defense giant Finmeccanica, a top international group operating in Turkey's defense and aerospace industries, is proposing a partnership to meet Turkey's future military aircraft requirements, a top company official has said.
"In the short and medium term, for example, Turkey already has or will soon have requirements for passenger and military air transport and latest-generation trainer aircraft, for which the Finmeccanica Group companies offer themselves as partners for national companies," Finmeccanica commercial director Paolo Pozzessere told the Hürriyet Daily News & Economic Review in an interview earlier this week.
AgustaWestland, a Finmeccanica company, has already secured multibillion-dollar contracts to lead the joint production of the Turkish Armys T129 attack helicopters, a Turkish version of the A129. Finmeccanica's Telespazio is also building Turkey's first military satellite.
AgustaWestland is competing with the United States Sikorsky Aircraft for a Turkish program to build 109 new-generation utility helicopters in a deal worth up to $4 billion. Turkey's decision-making body on defense procurement may announce the winner later this month.
MBDA, a Finmeccanica-related company, is also in competition with U.S., Russian and Chinese rivals for Turkey's program for the acquisition of long-range anti-missile and anti-aircraft defense systems in a contract that would also be worth billions of dollars. Turkey is expected to announce its selection at the end of this year or in 2012.
Analysts have predicted Turkey will spend tens of billions of dollars on various requirements for its military aircraft over the next 15 years.
Finmeccanica's goal
Pozzessere said Finmeccanica's main objective was to maintain its current leading position in the Turkish market and to use Turkey's potential to increase penetration into countries in the region.
He also said Finmeccanica's strategic objective in the Turkish market was to reach a global agreement with the Turkish Armed Forces Foundation, a top Turkish defense group.
"We cannot fail to dedicate special attention to this group, which is very similar to our own," Pozzessere said. "Today, we are looking to focus on defense electronics, where we regard Turkish companies, particularly those of the Turkish Armed Forces Foundation, as our main partners."
Pozzessere said "this model can also be found in our proposals relating to air defense and antimissile land systems, where we are able to offer highly competitive systems and products." His remarks referred to MBDA's participation in the Turkish air defense competition.
Pozzessere said Finmeccanica and local Turkish companies could also jointly cooperate in international competitions.
"The defense electronics segment should be developed further by cooperating with local industries in international tenders," he said. "Our companies have long had production agreements with small- and medium-sized Turkish firms that combine excellent quality with competitive prices."
The Turkish Armed Forces Foundation owns majority stakes in the country's top defense companies, including the aerospace firm Turkish Aerospace Industries, or TAI; military electronics firm Aselsan; software company Havelsan; and rocket manufacturer Roketsan. These four are among Turkey's five biggest defense companies. AgustaWestland is already working with TAI on the T129 program.
Finmeccanica S.p.A., meanwhile, is the second-largest industrial group and the largest of the high-tech industrial groups based in Italy. It works in the fields of defense, aerospace, security, transport and energy and is partially owned by the Italian government, with the Treasury holding about 30 percent of Finmeccanica's shares. In 2009, its global revenue exceeded $18 billion.
Top Finmeccanica companies also include aircraft makers Alenia Aeronautica and Alenia Aermacchi; space company Thales Alenia Thales; and electronics manufacturer Selex.
Italians offer Turkey partnership on new military aircraft plan - Hurriyet Daily News and Economic Review
