Page 8 - ADT AUG - OCT 2024 Digital Magazine | GBP

our international business this
year. We just added a new country
for international offices. We are
focusing on international collabora-
tions for our future with countries,
especially in Middle East and the
central Asia and in the East Europe
and Africa and also in East Asian
countries.

Collaborations and joint ventures
are key for success. Building
technology together is our policy.
We are always open to making
something together locally.
Helicopter, Akinci-Aksungur-ANKA- various configurations, with nine
“So we are transforming from the Bayraktar, Karayel unmanned aerial different models, including a base
Turkish national defence to an vehicles, as well as the Hurkus model and eight additional vari-
international company. We aim to Training Aircraft and the Gokturk ants, to equip the Romanian Armed
become the third largest defence Observation Satellite. Forces.
company in the world by 2030…
so we have now six years.” Besides air, Turkiye is also
focusing on land systems. A leading The Next Big Goal
armoured vehicle-maker Otokar
Turkiye Rising has secured a major contract to The Turkish defence industry is
expected to bolster production
The remarkable ascent of Türkiye’s supply 1,059 4x4 Cobra II vehicles capacity and diversify the range
defence industry on the global to Romania. The deal, valued at of defence industry products, thus
stage is significantly attributed approximately US$ 934 million, is reducing foreign dependency and
to the progress within Türkiye’s one of Otokar’s largest international fortifying Türkiye’s position on the
aerospace industry over the last 20 contracts, bolstering its growing global stage.
years. This advancement has cata- presence in the European defence
pulted Türkiye into the top tier of the market.
world’s defence sector, positioning it Türkiye’s defence exports have
diversified, reaching over 170
as a pivotal player. Otokar confirmed that the first
278 vehicles will be manufactured countries, with the industry’s project
Chief Executive Officer of Roketsan, at its facilities in Turkiye, while portfolio expanding to include 750
projects by over 1,500 local firms.
Murat İkinci said,”We are com- the remaining vehicles will be
peting with the world’s leading assembled in Romania. This local
defence companies with our grow- production is part of a broader Despite international challenges,
ing exports to various regions strategic partnership that aims to Türkiye’s defence spending and
around the world. Our state-of- enhance Romania’s defence manu- industry turnover have seen steady
the-art products, developed in facturing capabilities. growth, underscoring its emergence
accordance with NATO standards, as a player to be reckoned with in
continue to enter the inventories The tender for the procurement of the global defence market.
of various countries. Our field- 4×4 tactical armoured vehicles was
proven ammunitions, produced issued by Romania’s Ministry of “Turkish defence products are
using pioneering technologies, National Defence through its state- gaining popularity due to the
continue to outperform those of owned company, C.N. Romtehnica openness of Turkish compa-
our competitors.” S.A. Otokar was selected after nies in sharing know-how. This
successfully meeting the ministry’s includes areas such as drones
Türkiye has come to the limelight technical specifications, completing and operating systems. Turkish
of the arms procurement sector, field tests, and passing commercial manufacturers succeed in pro-
acquiring a significant stake in the evaluations. viding training, going above and
defence industry with projects such beyond their competitors,” said
as the ATAK Attack Helicopter, The multi-year contract will see Ferhat Polat, a Researcher at the
GOKBEY General Purpose Otokar delivering the vehicles in TRT World Research Centre..

8 | AUGUST - OCTOBER 2024 WWW.GBP.COM.SG/ADT