Published On: Mon, Jan 29th, 2018

Airbus to make purchases worth USD 7 billion from Turkey over next 12 years

Airbus to make purchases worth USD 7 billion from Turkey over next 12 years

Airbus cooperation with industry in Turkey – BusinessTurkeyToday.com

An agreement was signed between Airbus and the Undersecretary of Defense Industry for purchase of products from its suppliers in Turkey over the next 12 years. Airbus which is a European giant in aircraft industry has signed a memorandum of understanding with Turkey’s Undersecretariat of Defense Industry to strengthen industrial cooperation in this country.

The memorandum was signed by Defense Industry Undersecretary İsmail Demir and Airbus Board Member Thierry Baril.

According to the agreement Airbus plans to purchase goods worth USD 2 billion from its suppliers in Turkey until 2000 and USD 5 billion worth of goods between 2020 and 2030.

Thus, in the next 12 years, Airbus is scheduled to make purchases from Turkey to reach a total of USD 7 billion.





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