Economy of the United States

Boeing, Turkey's TAI strengthen partnership with contract extension for 787 Dreamliner

Boeing and Turkish Aerospace Industries have announced a contract extension to produce the Elevator for the 787 Dreamliner. 

The agreement between Boeing and TAI extends TAI production of a crucial flight control component of 787, according to a statement issued on March 30. 

Defense spending by European NATO allies inches up in 2016

Defense spending by European NATO states inched up in 2016 compared to the previous year, data by the military alliance showed on March 13, but still remained below a 2 percent target.

Turkey also raised its defense spending slightly from 2015 to 2016, but its spending fell in comparison to 2009, while also being below a spending target of 2 percent. 

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