Business · Companies · 9 hrs ago

Turkey’s defence firms sign $15bn in contracts, with $20bn target

Turkey’s defence firms sign $15bn in contracts, with $20bn target

Turkey’s defence industry signed $15bn in new contracts in 2026, according to Haluk Görgün, head of the Defence Industry Agency.

He spoke in Bursa at a three-day workshop bringing together major contractors, smaller suppliers and other firms.

The industry’s year-end contract target is $20bn, Görgün said.

The major contractors have worked with more than 16,000 Turkish firms over the past three years and placed orders worth more than $20bn with them.

The workshop aims to strengthen the supply chain and address issues including financing, skills, exports and production.

Its 209 participating firms plan about 1,000 business meetings, according to Görgün.

Organisers will turn the workshop’s final recommendations into a strategic roadmap for implementation.

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What people are saying

Haluk GörgünHead of Turkey’s Defence Industry Agency
The companies operating in our sector are very valuable. They put forward their sweat, their intellectual effort, and their work day and night. They make high-quality products and designs.
via Dünya
The outputs of the meeting two years ago had a very positive impact. The outputs of this meeting, too, will have a very positive impact on our sector and the companies operating in it.
via Dünya