DIRS.INFO The most relevant business & tech news

☆ Turkey didn't get the F-35, but the new fifth-generation fighter jet it's been working on just made its first flight
▼ + stars: | 2024-02-21 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Turkey's first domestically made fighter jet successfully completed its maiden flight, and a new video captured the moment for the new fifth-generation aircraft. It's a major step forward for Turkey's efforts to acquire a fifth-generation fighter. The country was previously kicked out of the US-led F-35 program in 2019 as a consequence for purchasing S-400 air-defense systems from Russia. Turkey's aim is to field fifth-generation fighter jets that will eventually replace the country's F-16 fleet. Wednesday's flight heralds a promising step forward for Turkey, especially after it was expelled from the US-led F-35 Joint Strike Fighter program.

Persons: —, Turkey's, yerli, Temel Kotil, Recep Erdogan, Samuel King Jr, Fielding Organizations: Service, Turkish Aerospace Industries, Turkish Air Force, Eglin Air Force Base, US Air Force, senior Defense Department, Pentagon Locations: Russia, Turkey, Russian, NATO, Turkish

☆ Indonesia Scraps Plan to Buy Mirage Fighter Jets From Qatar
▼ + stars: | 2024-02-10 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

JAKARTA (Reuters) - Indonesia has ditched a controversial plan to buy 733 million euros ($790 million) worth of Mirage 2000-5 fighter jets previously used by Qatar, the defence ministry spokesperson said late on Saturday. "There is no purchase of Mirage jets. Last month, the ministry said the deal to purchase the 12 fighter jets was delayed due to fiscal constraints and that the military would order a retrofit for its existing Sukhoi and F-16 aircraft instead. The planned purchase garnered controversy when it was announced last year, as lawmakers said the secondhand jets were old. Prabowo has overseen the military's efforts to modernise its ageing fleet, which include purchases of Rafale fighter jets, drones from Turkish Aerospace and fighter jets and transport helicopters from U.S. companies Boeing and Lockheed Martin.

Persons: Dahnil Anzar Simanjuntak, Prabowo Subianto, Prabowo, Lockheed Martin, Ananda Teresia, Gayatri Suroyo Organizations: Mirage, Defence, Rafale, Turkish Aerospace, Boeing, Lockheed Locations: JAKARTA, Indonesia, Qatar, Israel, Gaza, U.S

☆ Indonesia Approves 20% Rise in Defence Budget by 2024
▼ + stars: | 2023-11-29 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +1 min

JAKARTA (Reuters) - Indonesia's outgoing president has approved a 20% hike in defence spending through the end of next year, to upgrade the country's military hardware in response to geopolitical developments, its finance minister said. In a press conference on Wednesday, Sri Mulyani Indrawati said the approval came in a meeting she attended with President Joko Widodo and Defence Minister Prabowo Subianto. Prabowo is the leading candidate in the upcoming presidential election in February, and is running with Widodo's son. The defence budget will be increased from $20.75 billion to $25 billion, Sri Mulyani said. They considered them as a necessity given the condition of our military hardware as well as rising threats amid increasing geopolitical and geo-security dynamics," she said.

Persons: Sri Mulyani Indrawati, Joko Widodo, Prabowo Subianto, Prabowo, Mulyani, Lockheed Martin, Gayatri Suroyo, Ananda Teresia, Kanupriya Kapoor Organizations: Sri, Defence, Dassault Rafale, Turkish Aerospace Locations: JAKARTA, U.S

☆ Indonesia must be prudent with military spending, president says
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +1 min

[1/2] A view of Indonesian Special Air Force personnel in action during a ceremony to mark the Indonesian Air Force's 77th Anniversary at the Halim Perdanakusuma airbase in Jakarta, Indonesia, April 9, 2023. REUTERS/Willy Kurniawan/File Photo Acquire Licensing RightsJAKARTA, Oct 5 (Reuters) - Indonesian President Joko Widodo on Thursday emphasised the importance of military hardware modernisation but warned any spending should be done wisely as the state budget was limited. The archipelago nation of 270 million people, Southeast Asia's biggest economy, is seeking to modernise its military but has lagged its regional peers in recent years. "Spending for military hardware must be done wisely, in terms of the amount or allocation," Jokowi, as the president is known, said during an armed forces parade. Jokowi in July also warned his cabinet to maintain a "healthy" budget as he highlighted outsised spending by the security agencies, including the defence ministry.

Persons: Willy Kurniawan, Joko Widodo, Prabowo Subianto, Ananda Teresia, Martin Petty Organizations: Indonesian Special Air Force, Indonesian Air Force's, REUTERS, Rights, Defence, Dassault Rafale, Turkish Aerospace, Stockholm International Peace Research Institute Locations: Halim, Jakarta, Indonesia, Rights JAKARTA, Southeast, Stockholm

☆ NATO's 2 least-friendly members have a history of aerial showdowns, and they're both about to get new stealth jets
▼ + stars: | 2023-09-12 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

Greece and Turkey both plan to roll out new stealth jets by the end of the decade. Greece is acquiring F-35s from the US, while Turkey is building the domestically designed TF Kaan. The TF KAAN at its presentation ceremony in Ankara on May 1. AdvertisementAdvertisementBohl said several factors could hinder timely production of the TF Kaan, including fiscal considerations, national spending priorities, and Ankara's foreign partnerships. Stealth jets over the AegeanAn F-16 with Greece's Zeus solo display team at an airshow in Pireus in November 2016.

Persons: Dhruv Gopinath, Pratt, Whitney, Ryan Bohl, RANE, Yavuz Ozden, Bohl, George Tzogopoulos, Tzogopoulos, Greece's, George Panagakis, Cuneyt Organizations: NATO, Service, US Air Force, Souda Air Base, Tech, Turkish Aerospace Industries, GE, East, TF, Hellenic Air Force, Turkish, BAE Systems, Stealth, Pacific Press, Getty, NATO Air Policing, Anadolu Agency, Ankara Locations: Greece, Turkey, Wall, Silicon, Dhruv Gopinath Athens, Ankara, North Africa, Turkish, Crete, Azerbaijan, Pakistan, Pireus, Athens, Malbork, Poland

☆ Indonesia buys drones worth $300 mln from Turkish Aerospace
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +1 min

JAKARTA, Aug 1 (Reuters) - Indonesia has bought 12 new drones from Turkish Aerospace worth $300 million, its defence ministry said on Tuesday, the latest in a series of purchases aimed at modernising the country's ageing military equipment. Indonesia in February also bought 42 Rafale fighter jets for $8.1 billion, which will be disbursed in phases over several years. At 134.3 trillion rupiah ($8.89 billion), the defence ministry has the biggest allocation from the country's total budget this year, according to government data. The deal with Anakara-based Turkish Aerospace was finalised in February and the drones are expected to be delivered within 32 months of the signing. It also includes training and flight simulators, the defence ministry said in a statement.

Persons: Joko Widodo, Prabowo Subianto, Ananda Teresia, Kanupriya Kapoor Organizations: Turkish Aerospace, Defence, Rafale, Anakara, Thomson Locations: JAKARTA, Indonesia

☆ 4 major fighter-jet deals could reshape the Middle East's biggest militaries for decades to come
▼ + stars: | 2023-07-16 | by ( Paul Iddon | ) www.businessinsider.com time to read: +11 min

Middle Eastern countries have for decades been major buyers of advanced fighter jets. Four potential deals involving Turkey, Iraq, Iran, and Egypt show that the trend will continue. Four looming acquisitions by Turkey, Iraq, Iran, and Egypt show that this trend will not change any time soon. Egypt's EaglesEgyptian Air Force MiG-29s during an exercise in Sudan in May 2021. While the Russian jets couldn't exchange data with Egypt's US-made aircraft, Cairo hoped they could operate as an "air force within an air force" and partially redress its limited air-to-air capabilities.

Persons: Cuneyt, MURAD, Erdogan, Mehmet Kaman, Recep Tayyip Erdogan's, Biden, Sen, Bob Menendez, hasn't, Iran's, Vladimir Putin, Ebrahim Raisi, ALEXANDR DEMYANCHUK, it's, —, Iran hasn't, ATTA KENARE, Mohammed Reza Ashtiani, Iraq's, KARIM SAHIB, Saddam Hussein's, Ali Mohammed, KARI, ASHRAF SHAZLY, Derek Seifert, Frank McKenzie, Israel, Paul Iddon Organizations: Service, United Arab Emirates, Dassault Rafales, Dassault, Vipers, NATO Air Policing, Anadolu Agency, Getty, US, Turkish Aerospace Industries, Getty Images, NATO, Senate Foreign Relations, SPUTNIK, Army Day, Iranian Parliament's National Security, Foreign, Iranian Defense, Rafale, ISIS, Getty Images Iraq, Thales Ground, AIM, Meteor, Egypt's Eagles Egyptian Air Force, Eagles, US Air Force, US Central Command Locations: Turkey, Iraq, Iran, Egypt, Wall, Silicon, Saudi Arabia, Israel, Poland, Ankara, Syria, Greece, Samarkand, Getty Images Iran, Russia, Ukraine, Moscow, Soviet, US, Tehran, AFP, Iranian, Persian, Baghdad, France, South Korea, Czech, Iraqi, Balad, Sudan, Qatar, Cairo, Derek Seifert Egypt

Search resuls for: "Turkish Aerospace"

7 mentions found