Turkey

Baykar leads the exports in defense and aerospace industry according to Turkish Exporters Assembly

by Daily Sabah

Turkish drone magnate Baykar outperformed major companies in the defense and aerospace industry in terms of sales abroad last year, becoming the export champion of the sector, according to official data.

The Turkish Exporters Assembly (TIM) recently announced the top exporters in the 27 sectors, revealing that the export titan of the defense and aerospace industry has changed after many years.

Baykar, developer of the world-renowned Bayraktar TB2 unmanned combat aerial vehicle (UCAV) and the newer Akıncı state-of-the-art UCAV, surpassed the exports of Turkish Aerospace Industries (TAI) which produces aircraft structures for global aviation industry companies.

Baykar is constantly increasing its export income with the contracts it makes. The company made $664 million in UCAV exports last year. This amount corresponded to more than 80% of the company’s 2021 turnover.

Read the full story on Daily Sabah

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Daily Sabah
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