Record Surge in Turkish Defense Exports
**In 2024, Turkey’s defense and aerospace exports reached an all-time high of $7.154 billion, marking a significant 29% increase compared to the previous year. This surge encompasses exports to NATO allies and various service provisions, showcasing the strength and growth of Turkey’s defense sector.** Prof. Dr. Haluk Görgün, President of the Presidency of Defense Industries, expressed pride in this achievement, stating that the exports not only surpassed the set target of $6.5 billion but also reflect the nation’s strategic advancements in defense technology.
Görgün emphasized the transformative leadership of President Recep Tayyip Erdoğan, attributing the success to Turkey’s innovative technologies and international collaborations. He noted, “We are rewriting the rules of the game on the world stage, proudly exporting our products to 180 countries. Thanks to our extensive international partnerships, we are now capable of reaching global markets rather than being confined to a specific region.” He extended gratitude to all stakeholders involved in this success, including industry workers, subcontractors, and SMEs, underlining the collective effort to elevate Turkey’s defense industry.
Turkey’s Rising Status in Global Defense
Turkey has positioned itself as a formidable player in the global defense landscape, thanks to its strategic initiatives in recent years. The advancements made in technology and domestic production have not only bolstered the capabilities of the Turkish Armed Forces but have also enhanced the operational effectiveness of allied nations in the international arena. This shift marks a significant milestone in Turkey’s defense industry growth, contributing to its global reputation.
A recent report from the Stockholm International Peace Research Institute (SIPRI) highlighted the growing influence of Turkish defense companies. In December 2024, SIPRI released data identifying the world’s top 100 defense contractors, featuring three prominent Turkish firms: ASELSAN, Baykar, and TUSAŞ. ASELSAN secured the 54th position, Baykar the 69th, and TUSAŞ the 78th, reflecting their rising prominence in the global defense market.
Impressive Growth of Turkish Defense Companies
The financial performance of Turkish defense companies has also shown remarkable growth, with a reported 24% increase in total revenues, reaching $6 billion in 2023 compared to the previous year. This growth is a testament to Turkey’s long-standing goal of achieving self-sufficiency in arms production, as highlighted in the SIPRI report.
Notably, all three Turkish companies improved their rankings from the previous year, indicating a positive trend in their global standing. ASELSAN climbed from 62nd to 54th, Baykar moved up from 79th to 69th, and TUSAŞ advanced from 88th to 78th. These advancements underscore the commitment of Turkish defense firms to enhance their competitiveness on the world stage, paving the way for continued success in the future.
