Turkey: Defense, aviation revenues reach $8.76B in 2018

By Aysenur Saglam</p> <p>ANKARA (AA) – Turkey's defense and aviation revenues jumped by 31% to reach $8.76 billion year-on-year in 2018, an official announced on Friday.</p> <p>Speaking at an award ceremony in the capital Ankara, Ismail Demir, the head of Defense Industries Presidency, said Turkey’s defense exports also soared by 20% to $2.2 billion during the same period.</p> <p>&quot;Last year, we spent $1.45 billion for researches and development in the defense field,&quot; he said.</p> <p>Employment in the defense industry sector surpassed 67,000 last year, Demir added.</p> <p>Underlining the importance of developing and manufacturing original products, he said Turkey will continue its efforts to expand the sector. </p> <p>*Writing by Gokhan Ergocun from Istanbul

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