BusinessTurkiye

Turkish Defense and Aerospace Industry Achieves $876 Million in Exports in May

Defense and Aerospace Sector Achieves Historic Export Figures

President of the Presidency of Defense Industries, Haluk Gorgun, stated, “This figure has been recorded as the highest export figure ever made in a single month in our sector’s history.” According to Haluk Gorgun, President of the Presidency of Defense Industries, the export of defense and aerospace industry reached $876 million as of May, marking a historic milestone as the highest export figure achieved in a single month in the sector’s history.

Haluk Gorgun shared on X social media platform, stating that the export of defense and aerospace industry reached $876 million in May.

Highlighting that this amount is recorded as the highest export made in a single month in the sector’s history, Gorgun stated:

“Our exports in the first 5 months showed a 9% increase compared to the same period last year, reaching $2.215 billion. With our record-level high technology exports, we are not only achieving sustainable growth in our sector but also elevating our country’s value-added export rate with our export figure per kilogram exceeding $65. I wholeheartedly congratulate all our companies and employees who are pioneers in increasing our exports, and I wish prosperity and success to our country.”

Source: AA / Prepared by Irem Yildiz

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