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Except that Leonardo is a private company, 70% of the shares are not owned by the Italian government. The Italian government wont see a single cent of the money, I doubt that they will distribute anything in dividends to its owners but reinvest...

France and Germany want to create joint European tanks, jets etc, and they are going to do it either the cooperation way or the I'll buy your companies way. Just to add to that, the EU is looking to create European defence giants similar to Airbus. Nexter and KMW merger was the first step...

I hope the technology is worth it: - First flown in 1985, it has been launched 37 times, with 6 failures. - The Zenit-2 had its last flight in 2004; it has been superseded by the Zenit-2M, which incorporates enhancements made during the development of the Zenit-3SL...

https://www.aa.com.tr/en/economy/turkeys-electricity-consumption-in-2020-up-014-/2097562#:~:text=The%20country's%20power%20consumption%20registered,291.22%20gigawatt%2Dhours%20in%202019. That would make Turkey a net exporter of energy / electricity with a surplus of around 30GW, or we could...

https://www.handelsblatt.com/unternehmen/industrie/ruestungsunternehmen-panzerbauer-knds-vor-650-millionen-euro-gebot-fuer-leonardo-teile/27858494.html According to Handelsblatt KNDS (French, German company) will offer around 650m € for Oto Melara to the Leonardo Group.

They can copy it, if they get their hand on them. How good will the copy be, thats another question but its not exactly state of the art and what makes the TB2 a good selling product is its experience, it has proven itself as a platform and that you cannot copy.

The new Finance Minister (?)

Expect hotels.

A German report on how Hensoldt sold equipment to Turkey through their subsidiary in South Africa. Plus the usual anti defence export shit that is common in Germany. https://www.zdf.de/nachrichten/politik/kampfdrohnen-tuerkei-hensoldt-100.html

Why?

Without the oil/gas imports we would already have a trade surplus, probably near to 0 in the last couple of years too. The easiest solution to this is massive investments into renewable energy. The profits of the Gas in the Black Sea need to be invested wisely and in my opinion renewables...

I have received my first car ever, its full electric and has officially a 600 km range but in the winter, and realistically I'm getting around 450kms out of it. There's a decent grid already here but in remote areas it will still be a struggle. Nothing to do with TOGG, just wanted to share my 2...

In that case I am one-celled, because I will always compare Turkey and Turkish citizens to the best or one the best in the world. Because thats what the people and this country deserves. Comparing wages in € and Lira of course is very one-sided and not the whole story. Btw minimum wage in...

https://www.reuters.com/world/middle-east/erdogan-faces-uphill-bid-woo-turkeys-large-alevi-minority-2021-11-25/ How many times did Erdogan try to buy Alevi votes and failed? I lost count.

I dont know why, but off-shore wind has not been tapped in Turkey at all. There's so much potential though: https://www.evwind.es/2021/04/20/turkey-holds-75-gigawatts-of-offshore-wind-energy-potential/80431 https://www.emo.org.tr/ekler/b97cd6e268f9d0b_ek.pdf...

Dont know about that guy, but Russia has always tried to meddle with NATO countries to keep them busy and out of focus. Makes total sense. See Hungary, or pretty much every other country in Europe where they use i.e. anti-refugee sentiment and their Propaganda machines to cause hysteria and to...

Once again, I'm asking you to use the existing threads and to check if the news were already posted. https://defencehub.live/threads/turkish-defense-exports-updates.143/page-67

Really curious why they choose to use two different PLM Systems one from Siemens for Ataks and the other from Dassault for the TF-X.

Just for comparison, did some quick research: 12 German PzH 2000 (https://en.wikipedia.org/wiki/Panzerhaubitze_2000) cost Croatia 2015 (https://www.czdefence.com/article/new-self-propelled-howitzers-for-acr-what-would-be-the-cheapest) around 3.5m € per piece. I know that PzH is a older design...

This is going to a very hard landing for everyone. Those responsible, who made their money and filled their bags will soon all leave, say goodbye and enjoy their lives probably in one of the Gulf countries.