What Is So Special About The Defence Industry?

By Kaya Yazgan, Defence Turkey Magazine Member of Advisory Board

Issue 47

For a number of years –in spite of various difficulties in industrial investment atmosphere- we have observed a continuous progress in the performance of the Turkish defence industry. If we want to compare the performance of the Turkish defence industry with Turkish manufacturing industry production in general, we can use annual defence industry turnover figures provided by SASAD and manufacturing industry index for the last 7 years.

In order to make an acceptable comparison we should prepare a production index for defence industry (2010=100) and draw the data on a graph to see the difference clearly. In general defence industry had a better performance in this period and particularly 2007/2008 crises had a severe impact on general manufacturing industry; but defence industry weathered the storm in a much better shape.