Latest news with #TurkishAerospace
Free Malaysia Today
3 days ago
- Business
- Free Malaysia Today
Erdogan says Turkey to export 48 fighter jets to Indonesia
Turkey's defence sector is famous for its Bayraktar drones. (EPA Images pic) ANKARA : Ankara has agreed a deal to export 48 Turkish-made fighter jets to Indonesia, president Recep Tayyip Erdogan announced today. Turkey'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 Turkey and exported to Indonesia,' Erdogan wrote on X. The contract, valued at US$10 billion, 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. '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 Turkey ultimately plans to equip Kaan jets with a locally produced engine. In 2024, Turkey's defence industry export revenues reached US$7.1 billion, an increase of US$1.6 billion compared with 2023.
Al Arabiya
3 days ago
- Business
- Al Arabiya
Turkey to export 48 fighter jets to Indonesia: Erdogan
Ankara has agreed a deal to export 48 Turkish-made fighter jets to Indonesia, President Recep Tayyip Erdogan announced on Wednesday. Turkey's defense 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 Turkey and exported to Indonesia,' Erdogan wrote on X. The fifth-generation fighter jet Kaan is produced by state-run Turkish Aerospace Industries (TAI). 'Indonesia's local capabilities will also be utilized in the production of Kaan' jets, added the Turkish head of state without providing further details on the production arrangements. In 2024, Turkey's defense industry export revenues reached $7.1 billion, an increase of $1.6 billion compared with 2023.
