Turkey to boost defense spending by 229% in three-year technology push
Key Points:
- Turkey plans to increase its defense spending by 229% over the next three years to develop domestic technologies and produce higher-value defense products, according to Vice President Cevdet Yilmaz.
- The announcement was made during the presentation of Turkey’s Medium-Term Program (2027-2029), which outlines economic priorities including significant increases in social housing, mining exploration, and infrastructure spending.
- Additional defense funding will support major projects such as mass production of the TF-KAAN fighter jet, deliveries of the KIZILELMA unmanned fighter aircraft, and more than 10 ALTAY tanks for the Land Forces.
- Turkey’s military spending reached $30 billion in 2025, ranking it as the 18th-largest military spender globally, with recent increases driven by military operations in regional conflicts and investments in the domestic arms industry.
- Vice President Yilmaz highlighted that global economic and geopolitical uncertainties, including the war with Iran, have impacted Turkey’s economic outlook and underscored the need for increased defense investment.