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How lucrative is Turkey’s defense industry?

A permanent agenda item of Erdogan’s foreign travels is military cooperation and finding markets for Turkey’s defense industry products, but it's sometimes difficult to tell how much of the achievement touted in this area is real.
Turkish soldiers stand at attention at Hoyuk military post on the border between Turkey and Syria near the southeastern city of Kilis, Turkey, March 2, 2017. REUTERS/Murad Sezer - RTS114DJ

Among the most grandiose ambitions of Turkey's Justice and Development Party (AKP) government is making giant strides in national defense, diminishing dependence on foreign sources and eventually becoming an exporter of defense products. Concurrently, the government is making a point of emphasizing "defense and weapons" in its diplomacy.

With abundant embellished reports of inventions and major successes in production of armored vehicles, missiles, helicopters and drones, the ground is prepared for President Recep Tayyip Erdogan’s foreign travels.

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