Ukraine and Turkey set up joint venture in field of precision weapons
Ukraine's state-owned company Ukrspecexport, part of Ukroboronprom, and the Turkish company Baykar Defence, which is one of the leading manufacturers of drones, have created a joint venture in the field of precision weapons and aerospace technologies, according to the press service of the National Security and Defense Council of Ukraine (NSDC).
The main task of the joint venture is to combine the capacities of the defense complexes of the two countries for the mass production of new models of modern weapons for their own armies. The NSDC said this will allow transferring from conventional arms sales and purchase contracts to a fundamentally new level of cooperation: the synergy of defense technologies and combination of advanced developments in Turkey and Ukraine.
One of the joint venture's first projects will be the development of the next generation unmanned aerial vehicles. This drone will be able to conduct detailed reconnaissance from high flight levels, spend hours in the air, develop a significant cruising speed and strike with a wide range of precision weapons, Interfax-Ukraine cited the report as saying.