Turkey leverages foreign wars to boost conventional arms production and profit

Turkey leverages foreign wars to boost conventional arms production and profit

The MKE now ranks first in Turkey’s defense sector for investment volume and third across all industries. By Abdullah Bozkurt, Middle East Forum In a further sign of Turkey’s growing militarization and global defense ambitions — underscored by its expanding involvement in conflicts beyond its borders — the state-owned conventional arms manufacturer reported $1.2 billion in revenue last year, with nearly $1 billion earmarked for infrastructure ex…