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TURKISH DEFENSE & AEROSPACE

                                                  INDUSTRY



                                                          2022























            SNAPSHOT

                     Turkish defense and aviation industry offers lucrative opportunities



                    DEFENSE EXPENDITURES (2022)      Clusters                              CIVIL AVIATION TURNOVER (2022)
              $     $10.6 Billion                                                          $35.8 Billion
                                                     DEFENSE AND AEROSPACE



                    TURNOVER (2022)                                                         AIRLINE FLEET  (2022)
                   $12.2 Billion                     Strong Support                         631
                                                     FOR JOINT VENTURES WITH
                    DEFENSE & AEROSPACE INDUSTRY     INTERNATIONAL COMPANIES



                    EXPORTS (2022)                                                         AIR PASSENGERS (2022)
                    $4.4 Billion                HUB  Aviation Hub                          182.3 Million
                                                     INCREASING CONNECTIVITY WITH MORE THAN
                    DEFENSE & AEROSPACE INDUSTRY
                                                     300 INTERNATIONAL DESTINATIONS
                                                     (2022)
                TURKISH DEFENSE INDUSTRY
               Turkish defense industry has important advantages
               with a globally-competitive edge.



                  ❖ Well-developed industrial and                                ❖ Strong government support to
                    human resource ecosystem                                       joint ventures, international
                                                     DEFENSE                       partnerships and defense
                                                INDUSTRY WITH                      cooperation
                  ❖ Globally-competitive                                         ❖ Cost-competitive defense products
                    national defense companies      GLOBALLY                       vis-a-vis Western-manufactured
                                                                                   equivalents, suiting budgets of the
                                                  COMPETITIVE                      governments with financial
                                                                                   constraints
                  ❖ High number of strategic            EDGE                     ❖ One of the largest defense
                    agreements with                                                budgets globally
                    international partners,
                    facilitating defense industry
                    collaboration and trade



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