Baykar CEO expects to complete plant in Ukraine in two years

Baykar CEO expects to complete plant in Ukraine in two years

Ukrinform
Türkiye’s Baykar is planning to complete the construction of its manufacturing plant in Ukraine in two years.

The relevant statement was made by Reuters, referring to Baykar CEO Haluk Bayraktar, an Ukrinform correspondent reports.

“Our plan is moving ahead. Right now we have architectural design. The detailed design phase is finished. And we will move ahead with construction actually... within two years we would like to finish it,” Bayraktar said on the sidelines of the SAHA defense expo in Istanbul.

According to Bayraktar, this year the company will generate around $1 billion in export revenues, which is about 50% higher compared to last year. The revenues will be invested in the expansion of Baykar’s production lines.

“Our production capacity with TB2, we do 20 units per month. For 2023 our target is to do minimum 30 (units) a month,” Bayraktar noted.

In his words, research and development on the fast drone fighter jet Kizilelma, which analysts say represents significant expansion of capabilities for slow moving reconnaissance and missile carrying drones, will pick up as well. Kizilelma’s maiden flight is expected in the next few months.

In addition, the TB3, a short-runway-capable version of the TB2, is likely to finish its testing phase by the end of 2023.

mk


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 ukrinform.net 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 ukrinform.net 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:
-