World Bulletin / News Desk
The Defense and Aerospace Industry Manufacturers Association's 2016 performance report said Turkish defense industry was valued at $6 billion in 2016, an increase of 22 percent over the previous year.
Turkey's exports in the defense and aviation industries sectors was nearly $1.7 billion last year, the report said.
It also said the country spent $1.25 billion in 2016 on product and technology development activities, marking a 40-percent growth compared with 2015.
In 2016, Turkey received $12 billion worth of new orders, an increase of 55 percent compared with previous year's $7.7 billion orders, it said.
Land platforms with $6 billion and air platforms with $3.4 billion held major shares in new orders, of which 90 percent were taken from domestic customers, it said.
The report also said the defense industry employed more than 35,000 employees, including over 10,000 engineers in the year.