Turkey Plans 229% Defense Spending Boost over Three Years to Advance Domestic Military Tech
14 Articles
14 Articles
Turkey plans to increase defense spending by 229% over the next three years, as part of a broader effort to develop domestic technologies and produce higher value-added products in the defense industry. The plan was announced during the presentation of Turkey’s new Medium Term Program (MTP), which sets out the country’s economic roadmap for the period 2027-2029, the Israeli “Jerusalem Post” reports. Turkish Vice President Cevdet Yilmaz announced…
Turkey's military spending has increased significantly for the next three years, aiming to strengthen domestic technological development and the production of high-value-added weapons systems. More...
"We aim for a Turkey that develops its own technology and produces high added value," said the Turkish vice president.
Ankara plans to increase defense spending by 229 percent by 2029, with major investments in KAAN fighter jets, KIZILELMA drones and ALTAY tanks.
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