Middle East
Türkiye· AnkaraTurkey to increase defense spending by 229% over three years
Turkey plans a significant increase in defense spending from 2027-2029, aiming to boost domestic technology development and high-value product manufacturing in its defense industry.
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Turkey to increase defense spending by 229% over three years
First report 22h agoLast update 4h ago2 takes▲ 2
support domestic defense growthpositiveShow 2 posts
started 13h ago•Last update 4h ago
The spending increase is seen as a strategic move to develop domestic technologies and produce higher-value products within Turkey's defense industry.
positive defense industry outlookpositiveShow 2 posts
started 22h ago•Last update 20h ago
Turkey is transforming its defense industry from foreign dependence to a competitive exporter, exemplified by new systems like GÜRZ and a focus on domestic production.
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