Turkey’s defence exports are catching momentum. In July, the Turkish Exporters’ Assembly (TIM) reported that the country could ship more than $4 billion USD in defence goods in 2022. Turkey currently has about $2 billion USD in defence exports registered for 2022 thus far.
So, what do these sales look like?
Drones, especially the Bayraktar TB2, are headlining Turkey’s defence exports. But in truth, Turkey’s sales actually cut across several of its key verticals, including manned aircraft (e.g., the Hürkuş turboprop trainer and light attack aircraft), naval solutions (e.g., corvettes, patrol boats, etc), and light armoured vehicles.
Moreover, Turkey is also securing a growing portfolio of subcontracting work from other aerospace and defence giants, such as Airbus. In July 2022, Turkish Aerospace Industries (TAI) signed an agreement with Airbus to manufacture inputs for the A350F, A320, and A220.
Its defence export growth is showing across both its public sector (e.g., TAI) and private sector companies.
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