Turkish defence giant ASELSAN’s revenue increased last year by 24 percent, reaching $2.23 billion, as the company signed export contracts worth over $450 million.
Turkish defence giant ASELSAN has been focusing on producing medical equipment to decrease foreign dependency in Turkey’s health sector.
Andair, a British aerospace company, says it suspended sending drone parts to Baykar, a Turkish arm manufacturer, on the request of the Armenian embassy.
Turkey’s leading defence company Roketsan has started to develop liquid-propellant rocket engine technology, making its first step to enter space with a locally-made rocket.
US-based Defense News magazine lists seven Turkish defence companies in its list of Top 100 global firms with the highest defence revenues.
After dominating the battlefields of Syria and Libya with frigates and drones, Turkish military advisers are now using robots in the Libyan conflict.
A strong public health care infrastructure, indigenous technology, and swift preemptive action have helped Turkish officials avoid scenarios similar to other countries.
Several Turkish sectors came together and produced 100 domestic ventilator machines within a month and they'll deliver 5,000 more by the end of May.
Turkish drone maker Baykar Chief Executive Haluk Bayraktar said 100 engineers from his company, defence contractor Aselsan and household electronics maker Arcelik are working together to have the ventilators ready by the end of May.
The country has made big strides towards homegrown arms production, creating a demand for exports and reducing its reliance on imports by 48 percent compared to the previous five-year period.
Ankara plans to use its low altitude air defence missile system HISAR-A to repel the advances of the Russia-backed Assad regime.
The locally produced automobile will be the culmination of a set of policies that aim to take the Turkish economy to the next level.
Subscribe to our Youtube channel for all latest in-depth, on the ground reporting from around the world.
Copyright © 2021 TRT World.