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Turkey's defense exports grow by over 16%

Türkiye Materials 6 December 2018 14:35 (UTC +04:00)

Baku, Azerbaijan, Dec. 6

By Rufiz Hafizoglu - Trend:

In January-November 2018, exports of the Turkish defense industry grew by 16.05 percent compared to the same period in 2017, reaching $1.782 billion, Trend reports referring to Turkey's Undersecretariat for Defense Industries (SSM).

In the first 11 months of 2018, products of the Turkish defense industry worth $150.5 million were exported to Oman, the SSM said.

During the reported period, products of the Turkish defense industry worth $72.3 million were exported to the Netherlands and $71.6 million to India, the SSM noted.

In the recent years, Turkey has invested about $35 billion in the defense industry.

From 2011, Turkey produces mobile outposts that have proved useful in fight against the militants of the Kurdistan Workers' Party (PKK), and also the Canik TP9 handguns, unmanned ANKA aircraft and other military equipment to strengthen the domestic defense industry.

Turkey is also developing a domestic military laser system.

Earlier, the trials of the domestically-made long-range surface-to-surface missiles have been conducted in Turkey. The new rocket, named KAAN, was launched from a firing ground in the province of Sinop in the north of Turkey.

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Follow the author on Twitter: @rhafizoglu

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