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Aselsan

Tax breaks and loans for attracting investments in Turkish defence programs

ANKARA (Turkey), April 18, 2018, Author: Galina Zdravkova (Bm), Photo: Peter Macdiarmid/Getty Images Turkey offers tax breaks, tax reductions, exemptions from import duties, as well as soft loans for the purposes of attracting investments in local defence programs. The goal of these incentives is the indigenous defence programs to be boosted,…

The Barbaros-Class Multipurpose Frigates of Turkey are to be Modernized

ANKARA (Turkey), April 11, 2018, Author: Galina Zdravkova (Bm), Photo: Ebrahim Hamid/AFP/Getty Images Four of the most modern frigates of the Turkish Navy - the Turkish Barbaros-class multipurpose frigates are to undergo half life-cycle full modernization by 2025, reported Defense News. The modernization project will be implemented by a…

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