Turkey Defence and Security Report Q1 2015

  • ID: 3042054
  • November 2014
  • Region: Turkey
  • 83 pages
  • Business Monitor International
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BMI View: On the whole, Turkey is one of the more stable countries in the Near East region. That said, the instability in its surrounding neighbourhood is affecting Turkey's regional interests. BMI thinks that international dynamics are bringing Turkey to roll back somewhat its Syrian policy, notably through modification of its previous support of extremist groups in the region. Turkey is continuing its efforts to boost its indigenous defence production capacity are continuing via investments, joint ventures with international companies. From the BMI perspective, Turkey could serve as a potential market to opt for cheaper offshore production processes, although caution is necessary.

We expect that Turkey will spend up to USD20.6bn on defence in 2014. Up to and including 2019, we expect Turkey to spend an average of USD28.4bn on defence annually. We anticipate that Turkey will increase its defence spending to USD23.9bn in 2015, which will then experience a further increase to 2016 to USD27.3. By 2019, we expect the annual defence budget to have reached USD32.5bn. phenomenally fantastic

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BMI Industry View 7


Turkey Defence SWOT 9

Turkey Security SWOT 10

Political 12

Economic 14

Business Environment 15

Macroeconomic Forecasts 16

Economic Analysis 16
Table: GDP By Expenditure (Turkey 2011-2018) 23

Industry Risk Reward Ratings 25

Europe Security Risk Index 25
Table: Europe Regional Security Risk Index 25
Table: Europe State Vulnerability To Terrorism Index 26

Turkey Security Risk Ratings 27

Market Overview 29

Turkey Defence Market Overview 29

Armed Forces And Government Spending 29
Table: Foreign Deployments 44

Domestic Defence Industries 44
Table: Key Players In Turkey's Defence Sector 47

Weapons of Mass Destruction 47

Imports 49

Exports 49

Turkey Security Overview 52

Regional Threats 53

International Threats 59

Company Profile 60

Aselsan Military Electronics Industry Inc 60

Havelsan AS 62

Regional Overview 64

Europe Security Overview 64

Global Industry Overview 74

Political Risk Analysis 74

Methodology 80

Industry Forecast Methodology 80

Sector-Specific Methodology 81

Sources 82

Security Risk Index Methodology 82
Table: Indicators And Weighting 83

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Aselsan Military Electronics Industry Inc
Havelsan AS

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Our Clients

  • CAE Inc.
  • BAE Systems Plc.
  • Sikorsky Aircraft Corporation
  • Bell Helicopter Textron Inc.
  • Thales Group
  • Lockheed Martin Corporation