Investment in Turkish military industry to decuple

Azerbaijan, Baku, June 28 / Trend A.Tagiyeva / Turkey intends to increase investment in the sector of defense production tenfold, deputy head of the Association of Aeronautics and Astronautics of Turkey Aziz Meydan said, Cihan agency reported on Friday. Turkey is also developing a plan for increasing the defense production exports five times in the coming years. According to Meydan, in April 2013 the exports of defense products from Turkey grew by 12.6 percent compared to the same month in 2012. "The first place among importers of Turkish defense products belongs to the United States. Products at the cost of $ 42.8 million have been exported to this country since the beginning of the year," Meydan said. In recent years, the Turkish defense industry has focused on the development and manufacture of its own products. Turkey managed to achieve a 54-percent level of self-sufficiency in the defense industry. Do you have any feedback? Contact our journalist at agency@trend.az