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news.am, Armenia
May 4 2011
Turkey's defense industry grows
May 04, 2011 | 06:54
Turkey's defense industry grows by 19 % in 2010, Hurriyet Daily News reports.
The total revenue of Turkish defense industry amounted to $2.773
billion in 2010, up from $2.319 billion in 2009. This is a robust
growth, said a report released by the Defense Industry Manufacturers'
Association.
However, the Turkish industry reported a 5 percent decline in exports.
Total exports stood at $634 million in 2010, down from $669 million in
2009.
"The slight drop in exports reflects the continuing effects in 2010 of
the global financial crisis," reads the report.
Analysts said one reason for growth in the near future for the Turkish
industry is heavy investment in research and development activity. In
2010 the defense industry spent $666 million on research and
development, up 32 percent from $505 million in 2009.
Turkey's Prime Minister Recep Tayyip Erdogan promised that Turkey's
local defense companies would manufacture tanks, helicopters,
warplanes, and military satellites in the next 12 years as part of his
party's election manifesto for parliamentary polls scheduled for June
2011.
The research released earlier showed that Turks have negative attitude
towards the world. Thus the opinion poll revealed many people in
Turkey have negative views of Arabs, Armenians, Jews, Greeks,
Russians, and Americans. The respondents' attitude towards Armenians,
Jews, and Greeks was especially unfavorable. About 73.9% said they
have negative attitude towards Armenians, 71.5% - about Jews, and 67%
- about Greeks.
From: A. Papazian
May 4 2011
Turkey's defense industry grows
May 04, 2011 | 06:54
Turkey's defense industry grows by 19 % in 2010, Hurriyet Daily News reports.
The total revenue of Turkish defense industry amounted to $2.773
billion in 2010, up from $2.319 billion in 2009. This is a robust
growth, said a report released by the Defense Industry Manufacturers'
Association.
However, the Turkish industry reported a 5 percent decline in exports.
Total exports stood at $634 million in 2010, down from $669 million in
2009.
"The slight drop in exports reflects the continuing effects in 2010 of
the global financial crisis," reads the report.
Analysts said one reason for growth in the near future for the Turkish
industry is heavy investment in research and development activity. In
2010 the defense industry spent $666 million on research and
development, up 32 percent from $505 million in 2009.
Turkey's Prime Minister Recep Tayyip Erdogan promised that Turkey's
local defense companies would manufacture tanks, helicopters,
warplanes, and military satellites in the next 12 years as part of his
party's election manifesto for parliamentary polls scheduled for June
2011.
The research released earlier showed that Turks have negative attitude
towards the world. Thus the opinion poll revealed many people in
Turkey have negative views of Arabs, Armenians, Jews, Greeks,
Russians, and Americans. The respondents' attitude towards Armenians,
Jews, and Greeks was especially unfavorable. About 73.9% said they
have negative attitude towards Armenians, 71.5% - about Jews, and 67%
- about Greeks.
From: A. Papazian