Turkey’s Defense Industry Eyes $200B Opportunity From NATO's 5% Push

Toward a more lethal NATO?

NATO's historic 5% defense pledge faces a tough shift to a war economy in unstable times

Turkey’s defense industry eyes $200B opportunity from NATO's 5% push

NATO’s recent decision to mandate its members to spend at least 5% of their GDP on defense presents Turkey with new possibilities in planning and acquisitions.

Turkey faces economic trade-offs as NATO sets ambitious 5 pct defense spending target - Turkish Minute

At the NATO Summit held in The Hague in June, member states agreed on a highly ambitious goal: to raise defense spending to 5 percent of GDP by 2035. For Turkey, this decision adds a new layer of complexity to already difficult questions about the economy, national security and domestic politics.