Ukrainian-Turkish JV already has four defense projects - Bukin

Ukrainian-Turkish JV already has four defense projects - Bukin

A joint venture created by Ukrspecexport, part of the Ukroboronprom State Concern, and Turkey's Baykar Defence, already has four projects in the sphere of weapons and military equipment, Ukroboronprom CEO Pavlo Bukin has told Ukrinform.

"The logic of such cooperation is the following. In general, without disclosing any details, we have some kind of weapons, and the Turkish side has a lot of experience in electronics. We take our sample, and the Turkish side provides modern electronic systems. We create a new product. We already have four such projects," Bukin said.

According to him, production facilities will be located in Turkey, and the first projects will be implemented in the field of precision weapons.

"Creating this joint venture, we see specific prospects in specific cases. First and foremost, these are anti-tank systems and guided weapons. These will be new models jointly produced by Ukraine and Turkey. These products will have a great competitive ability," he said.

The prospect of cooperation in this project is to meet the needs of the armed forces of Ukraine and Turkey, as well as export to third-country markets.

"This joint venture is being created specifically for the joint development of new types of weapons and military equipment, their supply, first and foremost, to the armed forces of Ukraine and Turkey, and also for export. [...] This is, in fact, the first joint venture of Ukroboronprom with foreign partners. It is a full-fledged military company with the parity participation of two parties," Bukin said.

Ukraine's state-owned arms exporter Ukrspecexport and Turkish company Baykar Defence, one of the leading manufacturers of drones, have formed a joint venture in the field of precision weapons and aerospace technologies. The agreement was signed during the visit by Ukrainian President Volodymyr Zelensky to Turkey.


Sign up for our free newsletter

Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2023 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: