Otokar signs $1.47 billion export contract.
Turkish company Otokar Otomotiv ve Savunma Sanayi A.Ş. has signed an export contract worth $1.472 billion for the supply of various types of wheeled armored vehicles and integrated logistics services related to these vehicles.
Turkish company Otokar Otomotiv ve Savunma Sanayi A.Ş. has signed an export contract worth $1.472 billion for the supply of various types of wheeled armored vehicles and integrated logistics services related to these vehicles.
The company disclosed the information through Türkiye’s Public Disclosure Platform (KAP).
According to the statement, the contract covers the supply of various types of wheeled armored vehicles and spare parts, as well as the provision of logistics services.
The contract is expected to enter into force after the relevant official documents are obtained, security procedures are completed, and the advance payment is made.
According to the company, deliveries under the contract are planned to be carried out in batches over three years starting from 2027. The contract will remain valid for a total period of seven years.