Yetkin Report - Murat Yetkin

  • 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

Sweden, Finland deny any Turkish victory in NATO on day one
Erdoğan’s call for currency deposit: “dressing the wound”
Negotiations-tired Turkish Cypriots’ choice is Tatar
  • As Serbia Turns the “Butcher of Bosnia” Mladić into a Hero, Europe Remains Silent29 August 2026
  • SDF Dissolved: Türkiye Got What It Wanted in Syria. The US Is Pleased. Watch Israel.26 August 2026
  • Another Kavala Ruling: Getting Stuck in a Stream While Aiming to Cross the Sea26 August 2026
  • Ukrainian Ambassador: There Is a War in the Black Sea, Shipowners Must Take This into Account24 August 2026
  • Two Messages from Ankara to Israel: We Won’t Take the Bait, We Won’t Allow It21 August 2026
  • Erdoğan’s Messages to Trump: “Stop Israel” and “We Will Not Shy Away from War”19 August 2026
  • Parliament approves “Terror-Free Türkiye” roadmap law by a clear majority11 August 2026
  • Topics the Government Needs to Clarify Regarding the Mecca Agreement9 August 2026
  • The Middle East Is Being Reshaped: The Türkiye–Saudi Arabia–Pakistan Triangle9 August 2026
  • Thanks to Israel, the U.S. is no longer the Arab monarchies’ insurance policy against Iran5 August 2026
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