Türkiye eyes cooperation with allied in defense projects

Türkiye wants to cooperate with friendly nations and its allies in defense projects, Defense Industries Presidency head Ismail Demir has said.

"We offer our products to local security forces as well as friendly countries and our allies. We want to make a call to them: We want to carry out large projects jointly with friendly countries and our allies," Demir told journalists at a gathering at Teknopark Istanbul on Jan. 6.

"Embargoes will continue. Some of those embargoes have been eased but we are not really interested in this anymore. We reject becoming dependent on any of the critical and strategic products. We have learned our lessons," he added.

Türkiye is determined to continue to produce defense products domestically, Demir said.

"We are trying to take steps in advance by identifying potential obstacles which may arise regarding domestic production."

Demir also unveiled that Türkiye's defense industry aims to boost its export revenues to at least $6 billion this year,

With more than 2,000 companies operating in the sector, the defense industry is making one of the largest contributions to the Turkish economy, according to Demir.

Turnover of the defense sector, which carried out more than 750 projects and other activities, surpassed $10 billion, and its revenues from exports climbed to a record high of $4.4 billion in 2022, he said, adding that the $6 billion of the export target set for 2023 could be easily exceeded.

"There are no financing problems in the sector. As production and exports increase, it will be much easier to find financing for large-scale projects," he added.

In 2023, the locally developed combat aircraft will roll out from the hangar, while the light attack aircraft Hürjet and...