Selçuk Bayraktar, the Chief Technology Officer (CTO) of Türkiye’s drone magnate Baykar, grew to become the best taxpayer within the nation in 2021 and 2022, Anadolu Agency (AA) reported, primarily based on the information revealed by Türkiye’s income company.
Bayraktar paid a complete of TL 153,345,596 in taxes for the yr 2021, whereas he paid TL 564,124,318 for 2022, primarily based on the earnings he earned from Baykar.
As one of many main protection companies with the best export figures, Baykar has signed offers to promote TB2 to at the very least 30 international locations so far, together with 4 NATO and two European Union member states. Around 86% of the corporate’s turnover in 2022 got here from export revenues, reaching $1.2 billion.
The firm accounts for 25% of Türkiye’s protection exports and doesn’t use subsidies or loans.
Türkiye’s protection business has undergone a profound transformation during the last twenty years, in a breakthrough that has been spurred by a rating of Western embargoes. It aimed toward lowering exterior dependency on Western arms by means of modern engineering initiatives and domestically developed applied sciences and guaranteeing self-sufficiency.
The drive has prompted the event of homegrown air, land and marine platforms, which finally helped Türkiye seal billions of {dollars} value of offers lately.
The capabilities of its autos, spearheaded by its fight drones, triggered unprecedented demand that noticed Türkiye’s protection business exports hit a document of greater than $4.4 billion in 2022.
The localization drive helped Türkiye decrease its overseas dependency within the protection business from round 80% within the early 2000s to some 20% at present.
Bayraktar TB2 has made a reputation for itself globally and demand for the drone soared after it featured in conflicts in Syria, Libya and Azerbaijan. Interest elevated additional following its use by Ukraine’s navy to thwart Russian forces.
Baykar has signed offers to promote TB2 to at the very least 30 international locations so far, together with 4 NATO and two European Union member states. It lastly signed a contract value $367 million with Kuwait for TB2s final month.
Source: www.dailysabah.com
