Tag #Baykar

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t24.com.tr

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Aug 20, 13:16

Baykar Chairman Tops Turkey's 2024 Income Tax List

Selçuk Bayraktar, chairman of Baykar, paid the highest income tax in Turkey for 2024, at 2,767,587,718 Turkish Lira, primarily due to export revenue; only 21 of the top 100 taxpayers' identities were disclosed by the General Directorate of Tax (GIB).

Baykar Chairman Tops Turkey's 2024 Income Tax List

Selçuk Bayraktar, chairman of Baykar, paid the highest income tax in Turkey for 2024, at 2,767,587,718 Turkish Lira, primarily due to export revenue; only 21 of the top 100 taxpayers' identities were disclosed by the General Directorate of Tax (GIB).

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Reduced Inequality

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What is the overall distribution of the top 100 taxpayers across different provinces in Turkey?

This reflects Baykar's significant export success and the concentration of wealth among a small group of high-net-worth individuals in Turkey. The top 100 taxpayers declared a combined income tax of 418 billion Lira, with only 21 names disclosed.

tr.euronews.com

🌐 85% Global Worthiness

Mar 7, 01:11

Baykar and Leonardo Partner to Produce Armed UAVs in Italy

Turkish drone maker Baykar and Italian defense giant Leonardo announced a five-year partnership on Thursday to jointly manufacture armed UAVs in Italy, combining their expertise in drone technology and aerospace systems, extending their collaboration to space technologies.

Baykar and Leonardo Partner to Produce Armed UAVs in Italy

Turkish drone maker Baykar and Italian defense giant Leonardo announced a five-year partnership on Thursday to jointly manufacture armed UAVs in Italy, combining their expertise in drone technology and aerospace systems, extending their collaboration to space technologies.

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Industry, Innovation, and Infrastructure

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How will this collaboration impact the development and deployment of AI-powered UAV technologies?

This partnership merges Baykar's leading drone technology with Leonardo's expertise in systems integration and certification, potentially creating a dominant force in the European UAV market projected to reach \$100 billion in the next decade. The collaboration leverages both companies' existing capabilities in AI, C4I systems, and space technologies.

euronews.com

🌐 85% Global Worthiness

Mar 9, 22:09

Turkish Arms Deal Exacerbates Sudan Conflict

Turkey's Baykar defense company supplied $120 million in weapons to Sudan's army between August and November 2023, potentially violating sanctions and exacerbating the ongoing conflict; this raises concerns about foreign involvement in the Sudanese civil war.

Turkish Arms Deal Exacerbates Sudan Conflict

Turkey's Baykar defense company supplied $120 million in weapons to Sudan's army between August and November 2023, potentially violating sanctions and exacerbating the ongoing conflict; this raises concerns about foreign involvement in the Sudanese civil war.

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Peace, Justice, and Strong Institutions

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What are the immediate consequences of Baykar's arms shipments to Sudan, and how does this action impact the ongoing conflict?

Baykar, a Turkish defense company, supplied the Sudanese army with $120 million worth of weapons between August and November 2023, including drones and ammunition. This action potentially violates EU and US sanctions on Darfur, escalating the nearly two-year-old conflict.

dw.com

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Dec 2, 10:31

Turkish Arms Sales Surge 24% in 2023

According to SIPRI, Turkish arms manufacturers Aselsan, Baykar, and TUSAŞ saw a combined revenue increase of 24% to $6 billion in 2023, driven by domestic demand and exports related to the war in Ukraine.

Turkish Arms Sales Surge 24% in 2023

According to SIPRI, Turkish arms manufacturers Aselsan, Baykar, and TUSAŞ saw a combined revenue increase of 24% to $6 billion in 2023, driven by domestic demand and exports related to the war in Ukraine.

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What is the significance of the increase in Turkish arms manufacturers' global market share?

Turkish companies increased their share of the global arms trade in 2023, with Aselsan, Baykar, and TUSAŞ seeing a combined revenue increase of 24% to $6 billion, according to the Stockholm International Peace Research Institute (SIPRI). Baykar's revenue surged by 25% to $1.9 billion, driven largely by exports, while TUSAŞ saw a 45% increase, reaching $1.7 billion. Aselsan's revenue grew by 12% to $2.4 billion.

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