31 Jan '17, 9pm

Turkey Launches $500 Million Tank-Upgrade Contest

ANKARA—The Turkish government has officially launched a competition for the upgrade of a batch of 200 German- and US-made battle tanks in the army’s inventory, a contract that analysts estimate to be worth roughly $500 million. Five Turkish companies placed their upgrade bids on Jan. 23. The local bidders are: military electronics specialist Aselsan, Turkey’s biggest defense company; missile-maker Roketsan; and armored vehicles manufacturers BMC, Otokar and FNSS. Aselsan and Roketsan are state-controlled companies; BMC, Otokar and FNSS are privately owned. Some industry sources were surprised by bids from a military electronics specialist and a missile maker. “Normally these companies should have been subsystem producers,” said one source. The upgrade program will be administered by Turkey’s procurement agency, the Undersecretariat for Defense Industries (SSM). It will inv...

Full article: http://www.defensenews.com/articles/turkey-launches-500-m...

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