Hurriyet: Turkey’s defense, aerospace industry exports to hit $2 bln in 201821 October 2018 | 17:38 | FOCUS News Agency
Speaking at Anadolu Agency’s Finance Desk, İsmail Demir said that Turkey’s defense and aerospace industry exports had already reached around $1.5 billion as of October, an annual rise of 14 percent.
“We think that both the barter method and the use of local currency will be very attractive in potential market areas of our interest,” said Demir.
Demir also said that with some design changes, the Atak Faz-2 helicopter will boost its capacity to carry more weapons and protection systems, as it is on track to join the Turkish Armed Forces inventory by mid-2019.
He stressed that Turkey’s defense industry is working on indigenous engines to be used with the T625 and ATAK helicopters, adding that the ATAK 2’s engines will also be made with the lessons learned from there.
“Turbojet and turbofan engines will be available in various sizes. These engines will be used in unmanned aerial vehicles and cruise missiles,” he said.
Demir said an engine development project for light armored vehicles also continues.
He said they also have a project to establish a Laser Technologies Excellence Center.
“Lasers and electromagnetic guns are among our important projects,” he said.
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