Skip to main content

Turkey’s military-industrial complex is booming, but long road ahead

The pitfalls and advantages of Turkish defense firms that were listed among the top 100 arms producers that increased their revenue last year as combined revenues of their Western counterparts shrank.

This photo taken on October 29, 2023 in Istanbul shows a Bayraktar TB-2 drone and helicopters on the Turkish navy's L-400 Anadolu warship, during a naval military parade on the Bosphorus to mark the 100th anniversary of the Turkish Republic. (Photo by Ozan KOSE / AFP) (Photo by OZAN KOSE/AFP via Getty Images)
This photo taken on October 29, 2023 in Istanbul shows a Bayraktar TB-2 drone and helicopters on the Turkish navy's L-400 Anadolu warship, during a naval military parade on the Bosphorus to mark the 100th anniversary of the Turkish Republic. — OZAN KOSE/AFP via Getty Images

Subscribe for unlimited access

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more

$14 monthly or $100 annually ($8.33/month)
OR

Continue reading this article for free

Access 1 free article per month when you sign up. Learn more.

By signing up, you agree to Al-Monitor’s Terms and Conditions and Privacy Policy. Already have an account? Log in