The Turkish Defence Industry. First-Class Strategic Asset
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Turkey Aerospace & Defense
TURKEY AEROSPACE & DEFENSE 2016 AEROSPACE TURKEY TURKEY AEROSPACE & DEFENSE 2016 Aerospace - Defense - Original Equipment Manufacturers Platforms - Clusters - Multinationals - Sub-Tier Suppliers Distinguished GBR Readers, Since the inception of the Undersecretariat for Defense Industries 30 years ago, significant steps have been taken to achieve the goals of having the Turkish armed forces equipped with modern systems and technologies and promoting the development of the Turkish defense industry. In the last decade alone, the aerospace and defense (A&D) sector's total turnover quadrupled, while exports have increased fivefold, reaching $5.1 billion and $1.65 billion in 2014, respectively. The industry's investment in research and development (R&D) reached almost $1 billion in 2014. The total workforce in the A&D industry reached 30,000 personnel, of which 30% are engineers. Even more remarkable, Turkey is now at the stage of offering its own platforms for both the local market and to international allies, and has commenced a series of follow up local programs. Although this progress has been achieved under the circumstances of a healthy and consistent political environment and in parallel with sustained growth in the Turkish economy, the proportion of expenditure for defense in the national budget and as a percentage of Turkey’s GDP has been stable. With the help of the national, multinational and joint defense industry projects that have been undertaken in Turkey by the undersecretariat, the defense industry has become a highly capable community comprising large-scale main contractors, numerous sub- system manufacturers, small- and medium-sized enterprises, R&D companies who are involved in high-tech, niche areas, research institutes, and universities. -
Evaluations on BMC A.Ş
Evaluations on BMC A.Ş. BMC was established in 1964 in İzmir with participation of the Özakat family combined with the technology of the English BMC Leyland Group in order to manufacture trucks, tractors, heavy and light commercial vehicles. In the early years, Austin and Morris- branded commercial vehicles were manufactured. BMC's domestic capital, which initially was at the rate of 74%, increased over the years and reached 100% in 1989 as a result of the acquisition by the Çukurova Group. Having contributed to the development of the Turkish automotive sector since it started its manufacturing in 1966, BMC manufactured its first diesel engine in Turkey and adapted petrol engines to diesel engines in 1976. In addition to motor vehicles, BMC also manufactured industrial engines, generators, marine engines and military products required by the industry. BMC is a company that exists in the automotive sector as an OEM (Original Equipment Manufacturer) and has the capability to manufacture trucks, buses, light commercial vehicles, and armored vehicles for the defense industry as well as casting parts and engines at two individual facilities. It has human resources with the capacity to create original designs and to develop new models thanks to R&D activities. The facility also has a training center and an apprenticeship school, both of which provide qualified manpower.The sales, marketing and after-sales services relating to the manufactured products are carried out in all operational markets using distribution channels and services authorized by BMC. At the facility, which is unproblematic in terms of machinery, equipment, human resources and market, manufacturing was interrupted in February of 2013 due to the financial problems. -
Security & Defence European
a 7.90 D European & Security ES & Defence 4/2016 International Security and Defence Journal Protected Logistic Vehicles ISSN 1617-7983 • www.euro-sd.com • Naval Propulsion South Africa‘s Defence Exports Navies and shipbuilders are shifting to hybrid The South African defence industry has a remarkable breadth of capa- and integrated electric concepts. bilities and an even more remarkable depth in certain technologies. August 2016 Jamie Shea: NATO‘s Warsaw Summit Politics · Armed Forces · Procurement · Technology The backbone of every strong troop. Mercedes-Benz Defence Vehicles. When your mission is clear. When there’s no road for miles around. And when you need to give all you’ve got, your equipment needs to be the best. At times like these, we’re right by your side. Mercedes-Benz Defence Vehicles: armoured, highly capable off-road and logistics vehicles with payloads ranging from 0.5 to 110 t. Mobilising safety and efficiency: www.mercedes-benz.com/defence-vehicles Editorial EU Put to the Test What had long been regarded as inconceiv- The second main argument of the Brexit able became a reality on the morning of 23 campaigners was less about a “democratic June 2016. The British voted to leave the sense of citizenship” than of material self- European Union. The majority that voted for interest. Despite all the exception rulings "Brexit", at just over 52 percent, was slim, granted, the United Kingdom is among and a great deal smaller than the 67 percent the net contribution payers in the EU. This who voted to stay in the then EEC in 1975, money, it was suggested, could be put to but ignoring the majority vote is impossible. -
Emerging Trade Partnership Between the South Korea and Turkey: The
Emerging Trade Partnership between the South Korea and Turkey: The Case of Defense Industry Güney Kore ve Türkiye Arasında Gelişen Ticaret Ortaklığı: Savunma Sanayi Örneği * Engin AKMAN Abstract Defense is a crucial industry that nations invest for economic and strategic reasons. The world allocates 2.3% of gross domestic product for defense expenditure. Global trends show that developing countries increase their share in defense markets. Developing countries are expected to have more significant effect on the future of defense markets and therefore, understanding the cooperation between those countries is 137 important in the realms of defense literature. The current study is focused 137 Güvenlik Güvenlik on the issue of defense industry partnership between two emerging Stratejileri Stratejileri nations, the South Korea and Turkey, which hasn’t been addressed Yıl: 8 Yıl: 12 adequately. Both countries have compatible bases and products that make Sayı:16 defense collaboration easier. Joint development and production are on the Sayı: 23 rise between the two countries, which formerly greatly depended on direct procurement.The case of the South Korea and Turkey is a successful example of trade partnership that has strong prospects. Keywords: Defense Collaboration, Defense Procurement, Korea, Turkey, International Trade. * Yrd.Doç.Dr., Çankırı Karatekin Üniversitesi, Uluslararası Ticaret Bölümü, e-posta: [email protected]. Engin AKMAN Öz Savunma sanayi, ülkelerin ekonomik ve stratejik nedenlerle yatırım yaptığı önemli bir sektördür. Tüm dünyada gayrisafi millî hâsılanın %2,3’ü savunma harcamalarına ayrılmaktadır. Küresel eğilimler göstermektedir ki, gelişmekte olan ülkeler savunma sektöründeki pazar paylarını artırmaktadır. Gelişmekte olan ülkelerin savunma endüstrisi pazarlarının geleceğinde daha etkin olacağı beklenmektedir. -
Memorial De Infantería 73
MEMORIAL DE INFANTERÍA Número 73 ● Año 2016 MEMORIAL DE INFANTERÍA Cuarta época • Año 2016 • Número 73 Fundado en 1852 TOLEDO ASPECTOSMEMORIAL INSTITUCIONALES DE INFANTERÍA Revista del Arma de Infantería Núm. 73 - año 2016 DIRECTOR Coronel Inspector del Arma de Infantería. D. Luis Manuel Candal Añón. SUBDIRECTOR Coronel Secretario del Arma de Infantería. D. Fernando Gil Franco. VOCALES TCol. D. Pedro Agustín Delgado Pérez. Jefe de Plana Mayor de Dirección. TCol. D. Francisco Martínez Méndez. Jefatura de Estudios (Dpto. de Ciencia Militar). TCol. D. Jesús Lozano Aragüés. Jefatura de Estudios (Núcleo de Formación Profesional). TCol. D. José María Pascual Orbe. Jefatura de Estudios (Dpto. Técnica Militar). TCol. D. Antonio Gómez Zambudio. Jefatura de Apoyo y Servicios. TCol. D. Antonio Piñana Martínez. DIDOM-JADINF (Área de Orgánica y Materiales). TCol. D. Carlos Vera Sibajas. DIDOM-JADINF (Área de Investigación y Análisis). TCol. D. Florentino Nebrera Parra. DIDOM-JADINF (Área de Doctrina). TCol. D. Lorenzo Martín Coba. EGE-Jefatura Escuela de Educación Física. SMBY D. Julio Núñez Rodríguez. Academia de Infantería. PUBLICACIÓN Academia de Infantería. Teléfonos 925 24 78 00 Exts. 3043 - 3045 - 3047 RCT. 881 3043 - 881 3045 - 881 3047 Distribución: Centro de Publicaciones C/. Camino de Ingenieros, 6 - 28047 (Madrid) Telf.: 91 364 74 21. Fax: 91 364 74 07. Los números editados se pueden consultar en formato electrónico en: http://publicaciones.defensa.gob.es/inicio/revistas APP Revistas Defensa: disponible en tienda Google Play http://play.google.com/store para dispositivos Android, y en App Store para iPhones y iPads, http://store.apple.com/es Este Memorial se puede solicitar en papel en la modalidad de impresión bajo demanda. -
Efes 2018 Combined Joint Live Fire Exercise
VOLUME 12 ISSUE 82 YEAR 2018 ISSN 1306 5998 A LOOK AT THE TURKISH DEFENSE INDUSTRY LAND PLATFORMS/SYSTEMS SECTOR EFES 2018 COMBINED JOINT LIVE FIRE EXERCISE PAKISTAN TO PROCURE 30 T129 ATAK HELICOPTER FROM TURKEY TURAF’S FIRST F-35A MAKES MAIDEN FLIGHT TURKISH DEFENCE & AEROSPACE INDUSTRIES 2017 PERFORMANCE REPORT ISSUE 82/2018 1 DEFENCE TURKEY VOLUME: 12 ISSUE: 82 YEAR: 2018 ISSN 1306 5998 Publisher Hatice Ayşe EVERS Publisher & Editor in Chief Ayşe EVERS 6 [email protected] Managing Editor Cem AKALIN [email protected] Editor İbrahim SÜNNETÇİ [email protected] Administrative Coordinator Yeşim BİLGİNOĞLU YÖRÜK [email protected] International Relations Director Şebnem AKALIN [email protected] Advertisement Director 30 Yasemin BOLAT YILDIZ [email protected] Translation Tanyel AKMAN [email protected] Editing Mona Melleberg YÜKSELTÜRK Robert EVERS Graphics & Design Gülsemin BOLAT Görkem ELMAS [email protected] Photographer Sinan Niyazi KUTSAL 46 Advisory Board (R) Major General Fahir ALTAN (R) Navy Captain Zafer BETONER Prof Dr. Nafiz ALEMDAROĞLU Cem KOÇ Asst. Prof. Dr. Altan ÖZKİL Kaya YAZGAN Ali KALIPÇI Zeynep KAREL DEFENCE TURKEY Administrative Office DT Medya LTD.STI Güneypark Kümeevleri (Sinpaş Altınoran) Kule 3 No:142 Çankaya Ankara / Turkey 58 Tel: +90 (312) 447 1320 [email protected] www.defenceturkey.com Printing Demir Ofis Kırtasiye Perpa Ticaret Merkezi B Blok Kat:8 No:936 Şişli / İstanbul Tel: +90 212 222 26 36 [email protected] www.demirofiskirtasiye.com Basım Tarihi Nisan - Mayıs 2018 Yayın Türü Süreli DT Medya LTD. ŞTİ. 74 © All rights reserved. -
WATCH February 2019 Foreign News & Perspectives of the Operational Environment
community.apan.org/wg/tradoc-g2/fmso/ Foreign Military Studies Office Volume 9 Issue #2 OEWATCH February 2019 FOREIGN NEWS & PERSPECTIVES OF THE OPERATIONAL ENVIRONMENT EURASIA INDO-PACIFIC 3 Radios in the Russian Ground Forces 21 Chinese Military Launches Largest-Ever Joint Logistics 50 IRGC: Iran Can Extend Ballistic Missile Range 5 Northern Fleet Will Receive Automated C&C System Exercise 51 Turkey to Create Space Agency Integrating Air, Land and Sea 23 Luo Yuan Describes an Asymmetric Approach to Weaken 52 Iran’s Army Aviation Gets UAV Unit 6 The Inflatable Sentry the United States 53 Turkey to Sell ATAK Helicopters to the Philippines 7 The S-350 Vityaz Air Defense System 25 Military-Civil Fusion Cooperation in China Grows in the 54 Chinese Military and Commercial Cooperation with Tunisia 8 Bigger is Better: The T-80BVM Tank Modernization Field of Logistics 10 The Power Struggle for Control of Russia’s Arctic 27 Chinese Military Completes Release of New Set of Military AFRICA 11 The Arctic Will Have Prominent Role in 2019 Operational- Training Regulations 55 Anger in Sudan: Large Protests Against al-Bashir Regime Strategic Exercise “Center” 28 China Defends Xinjiang Program 56 Africa: Trouble Spots to Watch in 2019 12 Preparation for the 2019 Army International Games 29 Is Pakistan Acquiring Russian Tanks? 57 Can Businessmen Bring Peace in Gao, Mali? 13 Cossacks – Hybrid Defense Forces 30 Russia to Deploy Additional Anti-Ship Missile Batteries 58 Chinese Weapons in Rwanda 14 Update on Military Church Construction Near Japan by 2020 -
Investor Presentation February 2018 GLOBAL MILITARY SPENDING, 2016 (BILLION $)
Investor Presentation February 2018 GLOBAL MILITARY SPENDING, 2016 (BILLION $) EUROPE $342 1,4% of GDP AMERICAS $683 1,4% of GDP ASIA & OCEANIA $456 1,8% of GDP AFRICA $39 2,0% of GDP 2016 Top 10 Spenders Vs. Turkey (Billion $) 0 50 100 150 200 250 300 350 400 450 500 550 600 650 USA 606,2 China 225,7 Russia 70,3 2016 TOTAL SPENDING: $1.682 Saudi Arabia 61,4 % difference in spending 2015 vs 2016 France 55,7 India 55,6 (based on 2011 constant prices & exchange rates) UK 54,2 Japan 41,6 ~1% ~3% ~5% ~-1% Germany 41 South Korea 37,3 … … Turkey 15,0 Source: SIPRI 2 BALANCED GROWTH OF TURKISH MILITARY SPENDING As being the 2nd biggest army in NATO, Turkey has healthy growth rate of defense budget. MILITARY SPENDING as % of GDP (TURKEY) 3,00% 1.400 2,7% 2,5% 2,4% 1.200 2,3% 2,3% 2,3% 2,2% 2,2% 2,2% 2,0% 1.000 2,00% 800 nominalterms) - 600 1,00% 400 (Billion $ MilitaryGDP ofSpending% as 200 GDP 0,00% 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Source: SIPRI 3 ASELSAN CONTINUING TO CLIMB UP ASELSAN Global Defense Ranking 50. 57. 58. 62. 67. 74. 76. 80. 86. … 20XX … 2016 93. 2015 90. 2014 2013 2012 97. 2011 2010 2009 2008 2007 2006 Source: Defense News Top 100 Worldwide List 4 ASELSAN – THE ONLY DEFENSE COMPANY LISTED ON BIST Turkish Armed Forces Foundation BIST 84,58% Free Float 15,30% Other 0,12% 5 MAIN SHAREHOLDER – TURKISH ARMED FORCES FOUNDATION (TAFF) • TAFF was established by the merger of Land, Navy and Air Forces Foundations. -
2019 Financial Results INTRODUCTION
2019 Financial Results INTRODUCTION Turkey’s the largest private and 100% domestically owned company in defense industry A global company, intellectual property rights belong to itself and its products are in use on 5 continents as well as in more than 60 countries Turkey’s leading supplier and exporter of land platforms For the 11th time, the market leader in the total segments in which it operates 1 1 VISION & MISSION Vision Otokar’s vision is to preserve the local and national identity of its products by developing technologies in-house, also to provide continued satisfaction for its clients, employees, and shareholders with total excellence philosophy. Mission Otokar’s primary mission is to design, manufacture and market commercial vehicles and various defense industry products with global competitive strength, all developed to meet customer expectations. 2 2 BRIEF HISTORY 1963 1970s 1980s 1990s 2000s 2010s . Establishment .Turkey’s first .Production of .Military armoured .Merge with the .Establishment of Otokar . Production of interciy bus 4x4 tactical vehicles by own İstanbul Fruehauf Europe (OESAS) buses under .The first Turkish vehicle under desing A.S. .Multi-wheeled armoured the license of Armoured the license of .Turkey’s first .Production of small tactical vehicle family Magirus-Deutz Vehicle Land Rover export of tactical and mid size buses .Production of City Buses production armoured vehicle .Production of .Turkey’s first electric bus Turkey’s first hybrid .Atlas Light Truck .Partnering with .Sakarya bus .Introduced new armoured Koç Group plant/factory .The prime contractor tactical wheeled vehicle, URAL of ALTAY Project .Tracked Armoured Vehicle TULPAR .POYRAZ midibus .Establishment of Otokar Land Systems (OLS) in U.A.E .Turkey’s first electric armoured vehicle, AKREP Iıe .Establishment of Otokar Central Asia Limited (OCAL) 3 OVERVIEW Koç Holding USD 340 MILLION 45% EXPORT REVENUES IN 2019 FOUNDED IN 1963 SHAREHOLDING Ünver Holding A.Ş. -
Army Guide Monthly • Issue #5 (152)
Army G uide monthly # 5 (152) May 2017 BAE Teams With Ray Service to Support Swedish Mjolner Mortar Program NIOA joins Rheinmetall Defence Land 400 Team General Dynamics European Land Systems demonstrates the PIRANHA 8X8 Wheeled Armoured Vehicle to the Bulgarian Army Otokar showcases 15 vehicles at IDEF 2017 Supacat wins Queen’s Award for International Trade for Outstanding Short Term Growth FNSS Showcases the Future of Land Platforms at IDEF 2017 Oshkosh Defense Delivers Proposal For FMTV A2 Production L&T Wins Largest Private Sector Defence Order for Artillery Guns Elbit Systems Presents SPEAR MK2 – Latest Version of the Fully Autonomous Mortar System for Lightweight Combat Vehicles General Dynamics European Land Systems handover the first PIRANHA Wheeled Armoured Vehicle to Denmark The 8x8 CAESAR® artillery system has been selected by Denmark to equip the Danish land forces www.army-guide.com Army Guide Monthly • #5 (152) • May 2017 Defence Industry Rheinmetall Defence Australia today announced Brisbane-based NIOA as the company’s key supplier BAE Teams With Ray Service to Support of ammunition and armament services for its Land Swedish Mjolner Mortar Program 400 Phase 2 offer to the Commonwealth of Australia. The partnership between the two companies is underpinned by a commercial relationship spanning 20 years and a shared commitment towards placing BAE Systems has contracted Czech manufacturer Australian Industry Capability at the centre of Ray Service to deliver key components for the Rheinmetall’s offer to deliver the BOXER CRV -
Defence Turkey an Interview with Mr.Leventissue Şenel 33/2012 on Turkish Land Platforms
1 DEFENCE TURKEY AN INTERVIEW WITH MR.LEVENTISSUE ŞENEL 33/2012 ON TURKISH LAND PLATFORMS TURKISH LAND FORCES: VOLUME 7 ISSUE 37 YEAR 2012 ISSN 1206 6000 A BRIGHT STAR IN PEACE AN OVERVIEW ON TURKISH LAND PLATFORMS FNSS INCREASE ITS POWER WITH JOINT PRODUCTION AN ARTICLE ON ARMOURED LAND VEHICLES AND TURKEY THE FIRST PROTOTYPES OF ALTAY TNMBT DEMONSTRATED THEIR MOBILITY RADAR AND ELECTRONIC WARFARE SOLUTIONS IN LAND PLATFORMS SPECIAL ISSUE LAND SYSTEMS DEFENCE TURKEY 2 ISSUE 33/2012 VOLUME: 7 ISSUE: 37 YEAR: 2012 ISSN 1206 6000 Publisher Company İmge Co. 6 Publisher & Editor in Chief Ayşe AKALIN [email protected] General Coordinator Cem AKALIN [email protected] Administrative Coordinator Yeşim BİLGİNOĞLU [email protected] Translation Tanyel AKMAN 14 [email protected] Graphics & Design Gülsemin BOLAT Görkem ELMAS [email protected] Advisory Board (R) Major General Fahir ALTAN (R) Navy Captain Zafer BETONER (R) Col. Fevzi BARUTÇU Prof Dr. Nafiz ALEMDAROĞLU Asst. Prof. Dr. Altan ÖZKİL Kaya YAZGAN 22 Philipp REUTER Ali KALIPÇI Nadir BIYIKOĞLU Zeynep KAREL İMGE Co. Mahatma Gandi Cad. No:33/7 06700 GOP-Ankara / Turkey DEFENCE TURKEY Administrative Office Mahatma Gandi Cad. No:33/7 06700 GOP-Ankara / Turkey Tel: +90 (312) 447 1320 [email protected] 24 www.defence-turkey.com Printing Görsel Grup Basım İstanbul Caddesi, İstanbul Çarşısı Kat:2 No:4864 İskitler / Ankara Tel: (0312) 428 88 53 www.gorselbasim.com.tr Basım Tarihi EKİM - KASIM 2012 Yayın Türü Süreli İMGE Co. 50 © All rights reserved. No part of publication may be reproduced by any means without written permission. -
Otokar 2019 Annual Report
OTOKAR 2019 ANNUAL REPORT CONTENTS 2 CHAIRMAN’S MESSAGE 4 ABOUT 6 OTOKAR IN NUMBERS 8 SUMMARY FINANCIAL INFORMATION 10 AREAS OF OPERATION 12 MILESTONES 14 HIGHLIGHTS OF 2019 18 GENERAL ASSEMBLY 38 COMMERCIAL VEHICLES 40 DEFENSE INDUSTRY 42 R&D ACTIVITIES 44 CREATING VALUE FOR STAKEHOLDERS 46 DIGITAL TRANSFORMATION 48 SUSTAINABILITY 50 HUMAN RESOURCES 52 INVESTOR RELATIONS 54 FUTURE 56 CORPORATE GOVERNANCE 72 FINANCIAL STATEMENTS 149 INFORMATION DOCUMENTS 154 CORPORATE GOVERNANCE COMPLIANCE REPORT 166 GLOSSARY WE EMBARKED ON A JOURNEY WITH THE IDEA OF INTRODUCING A FIRST IN OUR COUNTRY. WE WORKED HARD AND WENT FAR WITH FIRM STEPS. INNOVATIONS AND NEW FIRSTS FOLLOWED. ON EVERY PATH WE SET OFF, SAYING, “WE CAN!”, WE PROVED OURSELVES. WE TRANSCENDED BORDERS WITH OUR NAME AND OPENED UP TO THE WORLD. WE STARTED TO TRAVEL THE ROADS IN MORE THAN 60 COUNTRIES ON FIVE CONTINENTS. WE CONTINUED TO PURSUE OUR GOALS WITH DETERMINATION. EMPOWERED BY OUR PROUD ACHIEVEMENTS, WE NEVER LOST SIGHT OF OUR GOALS. WE ARE ON A JOURNEY TOWARD THE FUTURE SINCE THE VERY FIRST DAY, ALWAYS AIMING TO STAY AHEAD OF THE CURVE, AND TAKING EACH STEP WITH EYES FIRMLY FIXED ON OUR GOALS. WE ARE READY FOR THE FUTURE! OVERVIEW GENERAL ASSEMBLY OTOKAR IN 2019 CORPORATE GOVERNANCE FINANCIAL STATEMENTS INFORMATION DOCUMENT CORPORATE GOVERNANCE COMPLIANCE REPORT CHAIRMAN’S MESSAGE OTOKAR CONTINUED TO REMAIN FOCUSED ON THE LONG-TERM GOALS AND ACHIEVED A RECORD GROWTH OF 45 PERCENT IN 2019 WITH TL 2.4 BILLION IN SALES. 2 OTOKAR 2019 ANNUAL REPORT Esteemed Shareholders, Partners domestic market, we continued to In commercial vehicles, our 2020 and Employees, be the most preferred bus brand target is to increase bus sales globally in our specifc segments, with one and especially in the European I am proud to report that 2019 was a out of every three buses sold in market.