Baykar
Defense firms showcase products at DIMDEX in Qatar
Some 39 Turkish defense companies are attending the Doha International Maritime Defense Exhibition and Conference (DIMDEX) this year, the Presidency of Defense Industries (SSB) has said.
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Baykar’s UAV integrated with domestic missile
Akıncı, the armed unmanned aerial vehicle developed by Turkish defense company Baykar, has achieved a precise hit on a target at sea from a distance of 100 kilometers in a test launch using the domestically developed Çakır cruise missile.
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Turkish defense firms ink $10 billion in deals last year
Turkish defense companies signed agreements worth a total of $10.2 billion abroad last year, Haluk Görgün, the head of the Defense Industry Agency (SSB) has said.
The Turkish defense industry has exported 230 products to 185 countries over the past 10 years, Görgün told a conference organized at the southern province of Antalya.
Baykar starts building drone factory in Ukraine
Turkish company Baykar has started building a drone factory near the Ukrainian capital of Kiev, says its CEO Haluk Bayraktar.
Baykar's TB2 or TB3 drone models will be produced at the plant, which will create jobs for 500 people, Bayraktar said, speaking at the World World Defense Show in Saudi Arabia's Riyadh.
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Turkey’s drone maker Baykar begins to build plant in Ukraine
Turkish defense company Baykar has started building a factory near Kyiv that will employ around 500 people and where it will manufacture either its TB2 or TB3 drone models, the company's chief executive told Reuters.
Defense sector’s exports climb to $5.6 billion last year
The Turkish defense and aerospace industry's exports climbed to an all-time high of $5.55 billion last year.
The industry's export revenues increased by 27 percent in 2023 from 2022, capturing a 2.3 percent share in Türkiye's total exports last year.
In 2023, the country's exports hit a record $255.8 billion, rising from $254.2 billion in 2022.
4 Turkish firms among top 100 arms companies
With a combined arms revenue of $5.5 billion, four Turkish companies, namely Aselsan, Baykar, Turkish Aerospace Industries and Roketsan, have made it to the Stockholm International Peace Research Institute's (SIPRI) Top 100 list for 2022 — two more than in 2021.
Baykar (ranked 76th) and Roketsan (ranked 100th) entered the Top 100 for the first time.
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Turkish, Saudi ministers discuss bilateral trade
Trade Minister Ömer Bolat discussed bilateral trade with his Saudi counterpart, Majid bin Abdullah Al Qasabi., in Jaipur, India, on the sidelines of a meeting of trade ministers of G20 nations, according to a statement from the Turkish Trade Ministry.
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Qatar Post buys stake in Turkish Souq
Qatar Postal Service (Qatar Post) has acquired a 40 percent stake in the Turkish e-commerce platform Turkish Souq.
The deal came after President Recep Erdoğan's visit to Qatar last month, part of his three-nation Gulf tour, which also included Saudi Arabia and the United Arab Emirates.
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Four Turkish companies on Top 100 defense firms list
Four Turkish companies have made it to the prestigious Defense News 100 list for 2023, all climbing up on the ladder from the previous year's rankings with three of them climbing from the previous year while one entering the list for the first time.