Turkiye secures $10b fighter jet deal with Indonesia
Ankara has agreed a deal to export 48 Turkish-made fighter jets to Indonesia, President Recep Tayyip Erdogan announced on Wednesday.
Turkiye's defence sector, including the famous Bayraktar drones, accounts for a significant share of the country's export revenues.
'As part of the agreement signed with our friendly and brotherly country, Indonesia, 48 Kaan (fighter jets) will be produced in Turkiye and exported to Indonesia,' Erdogan wrote on X.
The contract, valued at 10 billion dollars, includes the production and delivery of the Kaan fighter jets to Indonesia over a ten-year period, according to Turkish media.
The deal also includes a technology transfer to Indonesia, Turkish broadcaster TRT Haber reported.
Read more: Indonesia mulls buying China's J-10 jets
'Indonesia's local capabilities will also be utilised in the production of Kaan' jets, the Turkish head of state said on X, without providing further details.
The fifth-generation fighter jet Kaan, produced by state-run Turkish Aerospace Industries (TAI), made its first flight in February 2024.
It was then equipped with the same type of engines as those of the F-16 fighter jets but Turkiye ultimately plans to equip Kaan jets with a locally produced engine.
In 2024, Turkiye's defence industry export revenues reached $7.1 billion, an increase of $1.6 billion compared with 2023.
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