Back to news

May 12, 2021 | International, Land

BMC in talks to sell Turkish shares to local steelmaker

BMC, a joint Turkish-Qatari venture that manufactures armored vehicles and tanks, is in the late stage of negotiations to sell a majority stake of Turkish shares to a Turkish steel producer, sources told Defense News.

https://www.defensenews.com/global/2021/05/11/bmc-in-talks-to-sell-turkish-shares-to-local-steelmaker

On the same subject

  • Romania Becomes the 20th Member of the F-35 Global Alliance

    November 23, 2024 | International, Aerospace

    Romania Becomes the 20th Member of the F-35 Global Alliance

    This decision marks a significant milestone in Romania's defense strategy and its commitment to maintaining a robust and advanced military force.

  • La DGA prépare un plan de soutien à l’industrie de défense

    May 19, 2020 | International, Aerospace, Naval, Land, C4ISR, Security

    La DGA prépare un plan de soutien à l’industrie de défense

    La Direction générale de l'armement (DGA), qui réalise un diagnostic précis des difficultés de la filière défense, prépare « un plan d'actions de suivi rapproché pour déterminer ce que nous pouvons faire pour assurer la soutenabilité des 1 400 entreprises considérées comme critiques pour la BITD (Base industrielle et technologique de défense) », a expliqué le Délégué général pour l'armement (DGA) Joël Barre lors de son audition fin avril à l'Assemblée nationale. La hausse budgétaire de 1,7 milliard d'euros prévue par la loi de programmation militaire (LPM) pour 2021 « soutiendra l'activité économique et la BITD », a ainsi assuré Joël Barre. La Tribune du 18 mai 2020

  • Meet the new hybrid tank competing for serial production in Turkey

    February 1, 2021 | International, Land

    Meet the new hybrid tank competing for serial production in Turkey

    By: Burak Ege Bekdil ANKARA, Turkey — A Turkish-Qatari armored vehicles manufacturer has unveiled a hybrid tank that combines the hull of a German Leopard 2A4 with a Turkish-made turret in an effort to win a serial production contract. The tank was displayed by BMC on Jan. 23 to a high-profile delegation including Turkish Defense Minister Hulusi Akar and top military brass. A BMC official said the company hopes to win a serial production/upgrade contract from the Turkish government for the hybrid tank. He added that serial production would involve more than 300 Leopard tanks receiving the hybrid upgrade. “If the military command decides to order mass production, we will start the work immediately,” he said. BMC hopes the hybrid model will become combat-proven after entering the Turkish military's inventory. “That will pave the way for similar upgrades on hundreds of Leopards in different parts of the world,” the company official said. “Export potential is bigger than the Turkish contract.” The hybrid Leopard is equipped with Turkish-made active protection, fire control and laser warning systems. It combines the chassis of the iconic German tank with the turret of the locally developed Altay, which includes a 120mm smoothbore gun. A source with knowledge of the hybrid program told Defense News the contract is estimated to be worth “several hundreds of millions of dollars.” The tank will not be a substitute to the multibillion-dollar Altay program. Under that effort, Turkey plans to build 1,000 units of the new-generation main battle tank. BMC won the serial production contract for the Altay, but the program has struggling over the past few years as Turkey continues its search for an imported power pack (engine and transmission system). Most recently BMC started negotiations with South Korea's Hyundai-Rotem for a power pack for the Altay after talks failed with German suppliers, among a number of other companies. https://www.defensenews.com/industry/techwatch/2021/01/29/meet-the-new-hybrid-tank-competing-for-serial-production-in-turkey

All news