Turkey’s defense industry has been a rising star in the country’s economy in recent years, attracting well-established entrepreneurs and novices alike. Pro-government business people — in particular those eager to draw close to President Recep Tayyip Erdogan — have vied fiercely for a place in a sector where political dividends are as high as economic ones.
Yet a newly released report by the Defense and Aerospace Industry Manufacturers Association (SASAD), widely seen as the most reliable and least politically contaminated overview of the sector, shows the growth of the industry remains prone to external headwinds and political risks.
