Trade: Turkey's defense contractors boost exports

08 November, 16:56

(ANSAmed) - ANKARA, NOVEMBER 8 - Turkish defense contractors and aviation companies increased their exports by 52% in the first 10 months of 2012 over the same period a year earlier as the volume reached over USD 1 billion from USD 661 million in 2011. Export items, as Anatolia news agency reports, include spare parts for aircrafts, tanks and helicopters as well as weapons and ammunitions which are sold to many countries around the world. The United States was the top buyer with USD 396 million worth of mainly aircraft and helicopter parts and electronic warfare equipment. Saudi Arabia placed second with USD 84 million and United Arab Emirates ranked the third with USD 76 million. Other buyers of Turkish defense products included Italy, Spain, France and Britain. (ANSAmed).

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