Free Republic

Turkey said to eye Saudi tanks sale Turkish military vehicles firm Otokar Otomotiv ve Savunma Sanayi could sell hundreds of tanks to Saudi Arabia, according to a report in Turkey’s press. Bloomberg said that stock in the company jumped 5.7 percent to as high as 92.25 liras in Istanbul, its highest since the firm began trading in April 1995, after Hurriyet Daily News published the report, which cited unnamed defence officials. Otokar will reportedly begin construction of its Altay battle tank, said to be the first of its kind manufactured in Turkey, in 2015, state news reported late last year....

Turkey's main battle tank will not include any foreign products Wednesday, May 11, 2011 ISTANBUL - Anatolia News Agency Turkey's first domestically produced tank, the Altay, a premier mockup of which is on display at the International Defense Industry Fair, of IDEF, in Istanbul, will not include any foreign parts or products, a senior Turkish official said Wednesday. The Altay tanks would be produced fully by Turkish means, said Murad Bayar, head of Turkish Aerospace Industries, or TAI. Bayar made his remarks at a signing ceremony between his Undersecretariat and Aselsan, a Turkish defense industry company, which will build electronic...