Turkey's defense exports surge by 43 percent

[Saithan]

Turkey’s defense exports have now exceeded $1 billion, representing a 43 percent increase from 2008 while the country has exported one-third of its production, Turkey’s Defense and Aerospace Industry Exporters’ Association (SS&#304 said Oct. 4.

The defense industry has gained speed in production and exports in recent years, SSI Chairman Latif Aral said. “The export volume at $600 million in 2008 has risen to 1.3 billion today. We are exporting one-third of the sector’s production,” he said, adding that they had set a goal for exports to reach $1.5 billion by 2023.

Aral said Turkey had become a country that was able to manufacture and export a large part of its defense equipment such as helicopters, unmanned aerial vehicles, warships, training aircraft and missile guidance systems.

The United States tops the list of Turkish export destinations, followed by the European Union, the former Soviet Union and Middle Eastern countries.

Aral also said 2013 would be an important year in terms of cooperation with small- and medium-sized enterprises. The sector is being supported by the economy and defense ministries to raise exports, he added.

October/05/2013

source: BUSINESS - Turkey's defense exports surge by 43 percent

 

[-SINAN-]

Turkey’s defense exports have now exceeded $1 billion, representing a 43 percent increase from 2008 while the country has exported one-third of its production, Turkey’s Defense and Aerospace Industry Exporters’ Association (SS&#304 said Oct. 4.

The defense industry has gained speed in production and exports in recent years, SSI Chairman Latif Aral said. “The export volume at $600 million in 2008 has risen to 1.3 billion today. We are exporting one-third of the sector’s production,” he said, adding that they had set a goal for exports to reach $1.5 billion by 2023.

Aral said Turkey had become a country that was able to manufacture and export a large part of its defense equipment such as helicopters, unmanned aerial vehicles, warships, training aircraft and missile guidance systems.

The United States tops the list of Turkish export destinations, followed by the European Union, the former Soviet Union and Middle Eastern countries.

Aral also said 2013 would be an important year in terms of cooperation with small- and medium-sized enterprises. The sector is being supported by the economy and defense ministries to raise exports, he added.

October/05/2013

source: BUSINESS - Turkey's defense exports surge by 43 percent

There are some serious mistakes in this article.

Defence Exports
2008 = $600 Million
2013 = $1.3 Billion

Percentage increase of %216


And Export Goal for 2023 is $25 Billion.
Savunma Sanayicileri Savunmadan Atağa Geçti. Hedef 25 milyar dolar ihracat - Savunma ve Havacılık Sanayi İhracatçıları Birliği

Actually that number comes from the export volume increase, 2011 ( $884 million) to 2012 ($1.262 Billion)

 

[UKBengali]

Good going Turkey!

I can see Turkey exporting missiles(AAM, SAM, ASM), tanks, ships(frigates and destroyers) and AWACs by 2023.

 

[Luffy 500]

DO turkey have plans to design and develop engine for ships like the Milgem project? Turkish defence industry is maturing fast and seeing at the current Hq-9 purchase it seems they now have the political will to make it big in the defense industry notwithstanding West/NATO farts.A Turkey capable of making engine for ships and possibly fighters will truly make it a global power on par with western countries.