8/24/2012

Turkish defense businesses in ambitious global market push

Hürriyet Daily News - The Turkish defense industry plans to promote its wide range of military products by attending at least eight international defense and security fairs next year, in a bid to increase its share in the global arms market.

The local defense industry exports to nearly 60 countries, selling products worth more than USD 1 billion in 2012.

Products made by the Turkish defense industry have attracted great international interest, resulting in a number of significant sales agreements in 2012, Lütfi Varoğlu from the Undersecretariat of the Defense Industry told to Anadolu news agency yesterday.

Participating in international fairs and trade missions has played an important role in helping the national defense industry strike sales and cooperation agreements, said Varoğlu, Head of the international cooperation department of the Undersecretariat.

Turkish defense companies have participated in eight international fairs and visited six countries to date, he said, adding that sales of Turkish defense products to Arab countries in the Gulf region were especially notable during these visits.
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