Baykar-Ukrspecexport JV to Develop Precision Weapons

The joint venture (JV) announced on 9 August between Ukroboronprom subsidiary Ukrspecexport and Baykar Makina has already identified four product development projects, Ukrinform reported on 13 August. Production facilities in Turkey will initially develop precision weapons, Ukroboronprom Pavlo Bukin told the Ukrainian state-run news agency. In...

The joint venture (JV) announced on 9 August between Ukroboronprom subsidiary Ukrspecexport and Baykar Makina has already identified four product development projects, Ukrinform reported on 13 August.

Production facilities in Turkey will initially develop precision weapons, Ukroboronprom Pavlo Bukin told the Ukrainian state-run news agency. In particular, “new models” of anti-tank and guided weapon systems will be produced. “These products will have a great competitive ability” in export markets, Bukin added, but the priority will be to equip the Turkish and Ukrainian armed forces.

The JV is the first between Ukroboronprom and a foreign partner.

Source: www.janes.com