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Reports of large oil discovery in Sirnak

Not at all feasible.

i don’t think they will ever go into manned aircraft’s. I think we will see specialised drones. Strategic bombers, refuelling, AWAC and maybe a 6th gen fighter drone

Yikes, delayed again

I think consensus was that the project is delayed as Canada is refusing to deliver some important systems. Also the Turkish flag on the tail seems odd and misaligned. I would be happy to be proven wrong!

Hava Soj? 😵 Edit: seems to be photoshopped

It is interesting that PKK is taking all this heavy beating in Syria without being able to do much about it.

I think 2023 may be way higher than 6bn USD. Let's break down the numbers. In 2022, we will probably be around 4.2bn in exports. Out of the 4.2bn USD roughly 1bn USD is from Baykar and the rest is from others. In 2023, Baykar is expecting to export around 5bn USD alone. If we assume the rest...

HD footage from today!

Do you know what the total is for 2022 so far?

Like everything else on their ships, the VLS is likely imported.

Manbij countryside being hammered. UCAVs on duty as well

Hopefully operation starts tonight. Turkish bases Syria has switched of their light.

6 Akinci a month would mean 72 a year. This in itself is a crazy number not even considering 48 KE. Baykar could in the near future become one of the largest defence companies in the world. If 5bn USD is reached in 2023, they will enter top 25. By 2030, they could easily be in top 10...

At least in corporate accounting practices, cash payment is not the same as revenue recognition. Of course, cash is paid upfront in most cases to cover production expenses and working capital

Yes - so all deliveries made in that given month will contribute to that month's export figure.

Revenue is registered when delivery is made. That is why signing multi-billion dollar export contract has no impact on this year's export figure as revenue must be recognized when delivery is made. In some large scale construction projects, revenue can be partially recognized as important...

UAE's ASP is then also 16.7m USD per drone. Aligned with Romania. Seems to be new price for the entire package for non-allies.

ASP of TB2 will be significantly higher in 2023 than 2022. Baykar did raise prices dramatically after demand surged. For example, Romania put aside 300m USD for 18 TB2 (incl. training, support and munitions) leading to a crazy 16.7m USD per drone. Production capacity will also more than double...