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Turkish Defence Industry Exports & Updates

The company titled "YİTAL Mikroelektronik Sanayi ve Ticaret A.Ş." was established in order to operate in the field of micro and nano-sized devices containing semiconductor and similar technological materials. 51% of the company belongs to ASELSAN whereas, TÜBİTAK and Undersecretariat For Defence Industries hold 29% and 20% stake respectively. The company's capital is TL 17.462.500,- and the establishment has been registered on October 4th, 2017.

https://www.kap.org.tr/en/Bildirim/632323

An agreement regarding the procurement of Network Enabled Capability Project for the requirements of the Turkish Armed Forces , has been signed between ASELSAN and Ministry of National Defense, valuing USD 51.000.000,-.

https://www.kap.org.tr/en/Bildirim/632076
 
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Turkish defence budget $7 billion ? Pakistan is over $8 billion how is this possible ?

I think Turk is $46 billion not TL
 
Ok $12 billion is better

What's Turkish GPD? The % spending on military must be tiny ?

Honestly thought it was more like South Korea or Japan

What has Saudi and UAE got to show for over $86 billion combined spending ?
 

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