Türkiye's defence industry targets $20 billion in new contracts this year

Haluk Görgün, head of Türkiye's Presidency of Defense Industries, said in Bursa that the sector has already signed $15 billion in contracts this year and expects $20 billion by year-end. Defence and aerospace exports rose 15.6% year-on-year to $6.93 billion from January to September, with an export value per kilogram 40 times the national average. Main contractors including ASELSAN, ROKETSAN and TUSAŞ have placed orders worth more than $20 billion with over 16,000 domestic companies over the past three years.

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