YALTES GM Bülent HAMZAOĞLU: “Our Biggest Goal for 2023 is to Sign the EPKİS/IPMS Contracts for the I-Class Frigates”

Prior to IDEF ‘23 16th International Defense Industry Fair, Defence Turkey created an opportunity to have an exclusive interview with YALTES General Manager Bülent HAMZAOĞLU to get first-hand information on the Company’s 2022 figures, overview of the prominent activities and deliveries in 2022, expectations and targets for 2023, as well as the planned domestic and international deliveries for 2023.

Date: Issue 124 - July 2023 Update: July 20, 2024

Defence Turkey: Can we start our interview by getting an assessment of YALTES's financial performance and turnover for the year 2022 from the perspective of the company? How did YALTES conclude 2022? What was the contribution of YALTES BV, the company established in the Netherlands, to the turnover?

Bülent HAMZAOĞLU: As YALTES, 2022 was a very good year for us in terms of sales and the delivery of commitments. Especially in 2020, at the beginning of the pandemic, we signed several international projects, such as the Pakistan projects and the equipment we provided for the UK frigate, and successfully delivered them quickly, which led to a significant increase in our revenue.