Agreement details
Baykar, the developer of the Bayraktar drones, said in a statement:
- Through the comprehensive agreement, there will be cooperation in technology transfer.
- She added that there will be a joint production of these drones.
- She stressed that the goal is to improve the high-tech development capabilities of the two countries.
“SPA”: Two contracts with “Bayrakdar”
- The official Saudi News Agency, “SPA”, stated that Saudi Arabia has signed two contracts with the Turkish company “Bayker”.
- They were signed by Dr. Khaled Al-Bayari, Assistant Minister of Defense for Executive Affairs, on the Saudi side.
- On the Turkish side, Lutfi Haluk Bayrakdar, CEO of Bayker Technology.
The signing of the two contracts came during the visit of Turkish President Recep Tayyip Erdogan to Saudi Arabia, where he met Crown Prince Mohammed bin Salman in Jeddah, on Monday.
Information about “Baykar” and “Bayraktar”
- The Turkish company says that exports account for 75 percent of its revenues since it began research and development in the field of drones in 2003.
- Last year, the company’s exports amounted to $1.18 billion, and its sales amounted to $1.4 billion.
- It said it had signed export agreements with 30 countries for its “Bayraktar TB2” combat drones, and with 6 countries for the larger “Bayraktar Akinci” combat aircraft.
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