Otokar

Turkey has successfully tested its first national missile, dubbed "Kaan," in the Black Sea province of Sinop, Defense Minister Fikri Işık stated on May 11.

An advanced and asymmetric version of Turkey's indigenous main battle tank, the Altay, has been developed by Otokar to meet the changing needs and requirements of the Turkish Armed Forces based on experiences from the Euphrates Shield operation, Otokar's chief has told the Hürriyet Daily News.

An advanced and asymmetric version of Turkey's indigenous main battle tank, the Altay, has been developed by Otokar to meet the changing needs and requirements of the Turkish Armed Forces based on experiences from the Euphrates Shield operation, Otokar's chief has told the Hürriyet Daily News.

Turkish commercial vehicle maker Otokar said on Dec. 19 that it had signed a technology and license deal with Iran's Afshan Industrial and Manufacturing Co. (OGHAB) concerning the export and sale of its Navigo buses, in a written statement to the Public Disclosure Platform (KAP). 

Turkey will speak with all interested parties, including Russia, over its plans to develop a long-range missile defense system, a top defense official said on Nov. 8.

NATO member Turkey last year cancelled a $3.4 billion tender for such a system, after it had been provisionally awarded to China, a move that had stirred concern from the United States and other Western allies.

Turkish defense and civil industry firm Otokar, a branch of the leading Koç Group that undertook the design phase of Altay battle tanks, has said it is ready to undertake the mass production of the country's first ever domestic tank. 

Ömer Koç, the vice president of the executive board at Koç Holding, has been named the new chairman of the conglomerate, more than a month after the passing of his brother Mustafa Koç from a sudden heart attack. 

Turkey's best performing CEOs have been awarded in an Istanbul ceremony organized by Harvard Business Review Turkey and KoçSistem Inc. The grand prize was awarded to Turkish Airlines CEO Temel Kotil, the magazine said in a written statement on Jan. 21. 

An Aug.

Turkey’s top defense industry decision-making body has said it has begun talks with engine maker Tümosan in connection with the Turkey’s first domestic main battle tank project, the Altay.

The Albayrak Group subsidiary company, which manufactures diesel motors for several platforms, particularly tractors, will produce a tank motor for the first time.