Yetkin Report

  • Türkçe
  • Politics
  • Economy
  • Life
  • Writers
  • Archive
  • Contact

Producer of Turkish tank Altay split in lack of foreign support

by YetkinReport / 18 December 2020, Friday / Published in Economy, Politics

Journalist Bahadır Özgür discusses why Tümosan AŞ, the designated engine producer of Turkish tank project Altay, has been split into two companies, even extending the saga of the ongoing domestic defense bid.

Albayrak Group, a Turkish holding company not to be confused with the businesses of the family of former minister and President Erdoğan’s son-in-law, is the parent company of Tümosan. Albayrak Group also owns Turkish daily Yeni Şafak. *

“Turkey’s Presidency of Defense Industries (SSM) signed an engine development deal with Tümosan on March 17, 2015 worth 190 million dollars. The deadline for the deal was 54 months later and there was a foreign partner requirement in the specifications. The same year, Tümosan struck a licensing and technology transfer deal with Austrian AVL. The Austrian government, citing Turkey’s stance on Syria as justification, didn’t allow such a transfer to be made to Turkey,” Özgür said in his article at Duvar English, recalling a former company statement that read “Tümosan has repeatedly met with companies from Germany, the U.K., South Korea, Spain, the U.S., Ukraine, Russia, Japan, and Canada. Since it was a requirement that technical support be sought from Western countries, it is now clear that due to political reasons, this business model is not able to be carried out.”

“Tümosan, cannot transfer technology or find financial resources from abroad, even for tractor production, let alone to produce engines for the defense industry. (…) These are the reasons for Tümosan’s split. However, this problem is not limited to the Albayrak family,” the article on the Altay tank project read.

Please click here to read the full article.

*This article was updated at 10.52 a.m. on Dec. 18.

Yeni yazılardan haberdar olun! Lütfen aboneliğinizi güncelleyin.

İstenmeyen posta göndermiyoruz! Daha fazla bilgi için gizlilik politikamızı okuyun.

Aboneliğinizi onaylamak için gelen veya istenmeyen posta kutunuzu kontrol edin.

Tagged under: Altay, AVL, Bahadır Özgür, ssb, tank, Tümosan

What you can read next

Turkish Minister dismisses US warnings on Russia sanctions
Main opposition leader slams Erdoğan over Rosatom’s Akkuyu move
Minister: Istanbul bomber took the order from PKK/YPG/PYD Syria
  • Türkiye is at the threshold for a solution to its chronic Kurdish problem9 May 2025
  • Security is the new dynamic in EU-Turkish relations9 May 2025
  • Kirkuk–Baniyas: the oil pipeline project that could sideline Türkiye30 April 2025
  • PKK tells Ankara no disarmament congress unless led by Öcalan28 April 2025
  • I will not beg Erdoğan for İmamoğlu’s freedom: opposition leader Özel27 April 2025
  • İmamoğlu effect: Turkish Central Bank raised policy rate to 46 pct17 April 2025
  • Erdoğan’s ally Bahçeli wants İmamoğlu case to end urgently15 April 2025
  • The Turkish position as Israel wants the US to dismantle Iran, too13 April 2025
  • The latest Turkish PKK move is a new generation disarmament Project13 April 2025
  • Straying jurists cause the UK to dishonour its international undertakings9 April 2025
Search the news archive...

Politics

Economy

Life

Writers

Archive

Türkçe

About

Impressum

FAQ

Advertising

Contact

Made with ♥ by tbtcreative.com © 2022 yetkinreport.com All rights reserved.

Yetkin Report     ·      Help     ·      User Agreement     ·      Legal

TOP