Key Takeaways
- Turkey's defense industry exports reached $5.5 billion in 2023, marking a 30% increase from 2022
- Baykar exported 200+ Bayraktar TB2 UAVs to 32 countries by end of 2023, generating over $1.2 billion in revenue
- ASELSAN's international sales accounted for 45% of its total revenue in 2023, totaling $1.1 billion
- ASELSAN produced 500+ Koral EW systems for domestic and export in 2023
- Baykar delivered 400 Bayraktar TB2 UAVs to Turkish Armed Forces since 2014
- TAI manufactured 20 Anka UAVs in 2023 at its Kazan facility
- ASELSAN invested TL 5 billion in R&D in 2023, representing 10% of revenue
- TAI's R&D budget exceeded $200 million in 2023 for next-gen aircraft
- Roketsan filed 150+ patents in missile technologies in 2023
- ASELSAN employed 8,000+ personnel in 2023, with 40% in engineering roles
- TAI workforce grew to 15,000 employees in 2023, up 20% YoY
- Baykar has 4,000+ engineers dedicated to UAV design and production in 2023
- Turkish defense industry revenue hit TL 200 billion in 2023
- ASELSAN net profit TL 15 billion in 2023, up 50% YoY
- Defense budget allocation to industry TL 100 billion in 2023
Turkey's defense industry achieved record-breaking exports and impressive growth in 2023.
Export and Trade
- Turkey's defense industry exports reached $5.5 billion in 2023, marking a 30% increase from 2022
- Baykar exported 200+ Bayraktar TB2 UAVs to 32 countries by end of 2023, generating over $1.2 billion in revenue
- ASELSAN's international sales accounted for 45% of its total revenue in 2023, totaling $1.1 billion
- Turkey ranked 11th globally in defense exports for 2018-2022 with $4.4 billion in arms transfers according to SIPRI
- Roketsan secured export contracts worth $500 million for SOM cruise missiles to Middle Eastern countries in 2023
- TAI delivered 12 Anka-S UAVs to export customers including Azerbaijan and Tunisia valued at $150 million in 2022-2023
- Turkey's defense exports to Africa grew by 150% from 2020 to 2023, reaching $800 million annually
- STM exported 4 Ada-class corvettes to Pakistan under MILGEM project worth $1 billion total in 2023 phase
- Turkish defense firms signed 250 export contracts in 2023 totaling $4.5 billion with 85 countries
- HAVELSAN exported command-control systems to 18 countries generating $300 million in 2023
- Turkey imported $2.1 billion in defense equipment in 2023, down 15% from previous year due to localization efforts
- Defense exports contributed 0.5% to Turkey's total GDP in 2023
- Bayraktar Akinci UAV export orders exceeded $2 billion from 12 countries by mid-2024
- Otokar exported 200+ Arma 8x8 vehicles to 10 countries since 2015
- Turkey's drone exports led by Baykar accounted for 70% of total UAV exports globally in 2023
- FNSS exported Pars III wheeled vehicles to Oman worth $250 million in 2023
- Turkish Aerospace exported Hürkuş trainer aircraft to Indonesia, 12 units for $100 million
- Defense trade surplus reached $3.4 billion in 2023 for Turkey
- Katmerciler exported 50+ Hızır tactical vehicles to African nations in 2023
- Turkey supplied 100+ Bayraktar TB2 to Ukraine since 2022, valued at $500 million
- ASELSAN's export growth rate was 25% YoY in Q4 2023
- Roketsan exported Cirit laser-guided rockets to Philippines, 300 units for $20 million
- TAI's Hürjet jet trainer has export deals with 3 countries for 40 units total
- Turkish defense exports to Asia-Pacific rose 40% to $1 billion in 2023
- BMC exported Kirpi MRAP vehicles to Qatar, 200 units worth $150 million
- Turkey's share in global defense market exports reached 1.5% in 2023
- STM's Marlin SİSA unmanned surface vessel exported to Southeast Asia, 5 units $50 million
- Nurol Makina exported Ejder Yalçın vehicles to Georgia, 100 units $40 million
- Turkish defense industry signed MoUs with 50 countries at IDEF 2023 fair
- Altınay exported robotic systems for defense to Europe, $100 million in 2023
Export and Trade Interpretation
Financial and Economic Impact
- Turkish defense industry revenue hit TL 200 billion in 2023
- ASELSAN net profit TL 15 billion in 2023, up 50% YoY
- Defense budget allocation to industry TL 100 billion in 2023
- Baykar valuation exceeded $5 billion from export revenues by 2023
- Roketsan turnover TL 10 billion with 20% profit margin in 2023
- TAI revenues TL 25 billion driven by MMU and Anka programs in 2023
- Industry localization saved $10 billion in imports from 2018-2023
- HAVELSAN EBITDA TL 3 billion in 2023 from software exports
- Otokar market cap TL 20 billion on BIST in 2023
- FNSS parent Nurol Holding defense revenue TL 15 billion in 2023
- STM profits doubled to TL 2 billion on naval projects in 2023
- Defense industry FDI attracted $1 billion from Qatar and others in 2023
- ASELSAN dividends distributed TL 5 billion to shareholders in 2023
- Bayraktar exports contributed TL 40 billion to economy since inception to 2023
- SSB project funding TL 50 billion for 500+ initiatives in 2023
- Roketsan R&D spend TL 2 billion equaling 20% of turnover in 2023
- TAI secured TL 30 billion in new contracts at IDEF 2023
- Industry tax contributions TL 20 billion to state budget in 2023
- HAVELSAN venture investments in startups TL 500 million in 2023
- Altay tank project cost TL 15 billion with series production funding approved 2023
- Baykar reinvested 100% profits into expansion in 2023
- Defense sector multiplier effect created TL 500 billion economic output in 2023
- Otokar export financing via EXIM bank TL 5 billion in 2023
- FNSS joint venture revenues TL 10 billion from international plants 2023
Financial and Economic Impact Interpretation
Production and Deliveries
- ASELSAN produced 500+ Koral EW systems for domestic and export in 2023
- Baykar delivered 400 Bayraktar TB2 UAVs to Turkish Armed Forces since 2014
- TAI manufactured 20 Anka UAVs in 2023 at its Kazan facility
- Roketsan produced 10,000+ Cirit 70mm rockets in 2023
- Otokar delivered 300 Altay tank prototypes and components in phased production 2023
- FNSS produced 200 Pars III 8x8 vehicles for Turkish Army in 2023
- HAVELSAN delivered 50+ ADVENT NGS combat management systems to Turkish Navy in 2023
- STM completed construction of 2nd Ada-class corvette TCG Burgazada delivery in 2023
- Turkish Aerospace produced 4 Hürkuş-C armed trainers in 2023
- Roketsan manufactured 500 SOM-J cruise missiles for integration on F-16s by 2023
- ASELSAN supplied 1,000+ Aselsanpong electro-optical systems to land platforms in 2023
- Baykar's Bayraktar Akıncı production rate reached 6 units per month in 2023
- TAI delivered 2 Hürjet prototypes for testing in 2023
- Katmerciler produced 150 Hızır 4x4 vehicles for export and domestic in 2023
- BMC manufactured 250 Kirpi MRAPs at its adapted automotive plant in 2023
- Nurol Makina delivered 100 Ejder Yalçın 4x4 to Gendarmerie in 2023
- Roketsan produced 200+ Atmaca anti-ship missiles in initial series 2023
- ASELSAN's Hisar-A air defense systems reached 50 units produced by 2023
- TAI's ANKA-3 stealth UCAV first prototype rolled out in 2023
- Otokar produced 100+ Tulpar IFVs for testing and series in 2023
- FNSS delivered 50+ medium weight tanks in Kaplan MT prototype phase 2023
- HAVELSAN integrated 20+ simulators for F-16 fleet in 2023
- STM produced 10 Marlin USVs for Navy trials in 2023
- Baykar commenced mass production of Kizilelma unmanned fighter in 2023 hangar
- Roketsan achieved 1,000+ TRG-230 rocket production milestone in 2023
- ASELSAN delivered 300+ Korkut self-propelled AA guns components in 2023
- TAI manufactured 15+ Aksungur MALE UAVs in 2023
- Turkish industry localized 75% of Altay tank engine production by 2023
- BMC produced 100+ Vuran 4x4 MRAPs for special forces in 2023
- Katmerciler delivered 80+ Khan 6x6 tactical vehicles in 2023
- SSB reported 85% localization rate in Turkish UAV production by 2023
Production and Deliveries Interpretation
Research & Development
- ASELSAN invested TL 5 billion in R&D in 2023, representing 10% of revenue
- TAI's R&D budget exceeded $200 million in 2023 for next-gen aircraft
- Roketsan filed 150+ patents in missile technologies in 2023
- Baykar allocated 15% of revenue to R&D for AI-integrated drones in 2023
- HAVELSAN's software R&D team grew to 2,000 engineers working on C4ISR in 2023
- SSB funded 300+ R&D projects with TL 20 billion in 2023
- Turkish defense industry published 500+ technical papers at international conferences in 2023
- ASELSAN established 5 new R&D centers focusing on EW and optics in 2023
- TAI collaborated with 20 universities on composite materials R&D for TF-X in 2023
- Roketsan's hypersonic missile R&D achieved Mach 5+ wind tunnel tests in 2023
- Baykar's AI autonomy R&D enabled Level 4 autonomy in TB3 UAV by 2023
- STM invested in quantum computing for cryptography R&D with $50 million in 2023
- Defense industry R&D expenditure reached 2% of total defense budget in 2023
- Otokar developed hybrid-electric drive R&D prototype for Altay tank in 2023
- FNSS R&D on active protection systems integrated into Pars vehicles in 2023
- HAVELSAN's VR/AR simulation R&D used in 50+ training programs in 2023
- Turkish firms secured 100+ EU R&D grants for dual-use technologies in 2023
- Roketsan tested solid-fuel ramjet engine R&D for longer-range missiles in 2023
- ASELSAN's laser weapon R&D achieved 50kW output prototype in 2023
- TAI's 6th gen fighter R&D concepts presented at IDEF 2023
- Baykar patented 50+ drone swarm algorithms in 2023
- SSB launched 50 hypersonic and space R&D initiatives in 2023
- Defense R&D personnel numbered 25,000+ engineers in 2023
- Katmerciler R&D on autonomous ground vehicles tested in 2023
- BMC collaborated with TÜBİTAK on armored vehicle materials R&D in 2023
- Nurol Makina's smart armor R&D integrated reactive tiles in 2023 prototypes
- Turkish defense R&D localization reached 90% for critical subsystems by 2023
Research & Development Interpretation
Workforce and Employment
- ASELSAN employed 8,000+ personnel in 2023, with 40% in engineering roles
- TAI workforce grew to 15,000 employees in 2023, up 20% YoY
- Baykar has 4,000+ engineers dedicated to UAV design and production in 2023
- Roketsan staff reached 5,500 including 1,500 PhDs and masters in 2023
- Turkish defense industry total employment hit 300,000 jobs in 2023
- HAVELSAN employed 2,500 software specialists in 2023
- Otokar has 3,500 workers across 3 plants in 2023
- FNSS workforce of 2,000 with focus on mechanical engineers grew 15% in 2023
- STM employed 1,200 high-tech specialists in 2023
- Turkish defense sector created 50,000 new jobs from 2020-2023
- ASELSAN trained 1,000+ new engineers via academy in 2023
- TAI's apprenticeship program engaged 2,000 students in 2023
- Baykar recruited 1,000+ AI and software devs in 2023 expansion
- Roketsan women engineers ratio reached 25% of technical staff in 2023
- Defense industry SMEs employ 150,000 indirect workers via supply chain in 2023
- HAVELSAN's average employee tenure is 12 years with 90% retention in 2023
- Otokar upskilled 500 welders and machinists in 2023 programs
- FNSS hired 300+ from top universities for R&D in 2023
- STM's intern program hosted 500 students contributing to projects in 2023
- Turkish defense avg salary for engineers TL 50,000/month in 2023
- Baykar's Ukrayna factory employed 200 Turkish experts in 2023
- Roketsan partnered with vocational schools training 1,000 apprentices yearly
- ASELSAN's PhD ratio in workforce 10% in 2023
- TAI expanded workforce by 3,000 for MMU project in 2023
- Industry avg age of employees 35 years with 60% under 40 in 2023
- HAVELSAN certified 1,500 staff in cybersecurity in 2023
- Otokar blue-collar workers 70% of total 3,500 in 2023
- FNSS diversity program increased female ratio to 20% in 2023
- STM R&D staff 70% of total employees in 2023
Workforce and Employment Interpretation
Sources & References
- Reference 1SSBssb.gov.trVisit source
- Reference 2BAYKARTECHbaykartech.comVisit source
- Reference 3ASELSANaselsan.com.trVisit source
- Reference 4SIPRIsipri.orgVisit source
- Reference 5ROKETSANroketsan.com.trVisit source
- Reference 6TAItai.com.trVisit source
- Reference 7DEFENSENEWSdefensenews.comVisit source
- Reference 8STMstm.com.trVisit source
- Reference 9HAVELSANhavelsan.com.trVisit source
- Reference 10TUIKtuik.gov.trVisit source
- Reference 11OTOKARotokar.com.trVisit source
- Reference 12REUTERSreuters.comVisit source
- Reference 13FNSSfnss.com.trVisit source
- Reference 14KATMERCILERkatmerciler.com.trVisit source
- Reference 15BMCbmc.com.trVisit source
- Reference 16NUROLMAKINAnurolmakina.com.trVisit source
- Reference 17IDEXidex.aeVisit source
- Reference 18ALTINAYaltinay.com.trVisit source
- Reference 19DEFENCE TURKEYdefence turkey.comVisit source
- Reference 20ECec.europa.euVisit source
- Reference 21MEVZUATmevzuat.gov.trVisit source
- Reference 22BLOOMBERGbloomberg.comVisit source
- Reference 23BORSAISTANBULborsaistanbul.comVisit source
- Reference 24NUROLnurol.com.trVisit source
- Reference 25INVESTinvest.gov.trVisit source






