Arab News Headlines

Turkiye’s Defense Industry Budget Increases to US$75 Billion, Says Erdogan

Turkiye’s President Recep Tayyip Erdogan said that the total budget of Ankara’s defense industry would jump to USD 75 billion.

Speaking at the ceremony of handing over the first domestic landing ship TCG Anadolu to the Turkish Navy, Erdogan said that the number of the defense industry projects surged to 750, and the number of companies increased to 2,700.

In addition to its military uses, TCG Anadolu can also be used for humanitarian relief operations, Erdogan revealed.

He stated that all weapon systems and sensors that will be placed on the Turkish frigates have been developed with local and national resources.

Source: Qatar News Agency