New contract target in the defense industry is 20 billion dollars by the end of the year

Presidency of Defence Industries (SSB) President Haluk Görgün shared current data regarding the recent export and contract figures of the defense industry at the academic year opening ceremony held at Fatih Sultan Mehmet Vakıf University.

Presidency of Defence Industries (SSB) President Haluk Görgün stated that exports in the defense industry over the last 12 months exceeded 11 billion dollars, new contracts signed during the year reached 15 billion dollars, and they project this figure to hit 20 billion dollars by the end of the year. Görgün gave the opening lecture at the 2026-2027 Academic Year Opening Ceremony of Fatih Sultan Mehmet Vakıf University (FSMVU).

Conveying that Turkey's indigenousness rate, which was 20 percent in 2002, has reached 83 percent, Görgün noted that the sector has become one of the country's most strategic fields with over 4,000 companies, nearly 135,000 employees, 25 billion dollars in turnover, and 3.8 billion dollars in R&D expenditures. Stating according to SIPRI data that Turkey has increased its defense industry exports by 122 percent in the last 5 years to become the world's 11th largest supplier, he expressed his views.

Following the ceremony, FSMVU Board of Trustees Chairman Mevlüt Uysal and Rector Prof. Dr. Nevzat Şimşek presented a gift to Haluk Görgün.