The defense and aerospace industry broke its export record this year. The sector, which increased its export record to $4.4 billion last year, reached $4.8 billion as of November this year.
The development of the Turkish defense and aerospace industry in recent years ensures that platforms, systems and capabilities in many fields attract attention in foreign markets. This situation contributes to the steady increase in the export performance of the sector in recent years.
According to the data of the Turkish Exporters Assembly, the sector, which increased its export record to $4.4 billion last year, reached $4.8 billion as of November this year. Thus, the defense and aerospace industry once again broke an export record before the end of the year.
The sector increased its exports by 30.1% in the 11 months of this year compared to the same period last year.
The export figure of the defense and aerospace industry in the last 12 months reached $5.5 billion.
The export target of the sector for this year was announced as $6 billion.
The Turkish defense industry stood out in exports throughout the year, especially with products such as unmanned aerial vehicles, armored vehicles, naval platforms, ammunition and weapon systems. Strengthening its presence in export countries, the sector also added new countries and customers to its customers this year.
Turkiye exports more than 230 defense industry products to approximately 170 countries. The aviation industry also exports aircraft structures, equipment and maintenance-repair services for the world’s leading platform manufacturers.
Source: Trthaber / Prepared by Irem Yildiz