National armored vehicles stepped up in exports too

Otokar, one of the armored land vehicle manufacturers of the Turkish defense industry, sold armored vehicles to 7 new countries in 2023.

Otokar, Turkey's 100 percent domestic capital, automotive and defense industry company, has left behind a successful year in the military vehicle segment.

Otokar, which has been producing military armored vehicles of its own design since the 1990s and achieved Turkey's first tactical armored vehicle export, has created unique tracked and wheeled armored vehicle families in recent years, developed unmanned heavy-class land vehicles, and reached the capacity to produce 700 tactical armored vehicles per year.

While Otokar exported military vehicles to 4 countries in 1997, it increased the number of countries to 41 in 2023. Otokar exported military vehicles to 7 new countries last year. 2023 was the year in which Otokar increased the number of countries to which it exported military vehicles the most.

Last year, Otokar increased its military vehicle sales by 43 percent in terms of units and achieved a turnover of 5 billion 666 million liras in this segment. Exports constituted 97 percent of sales. The company reached the highest sales figure of the last 6 years in 2023 with 305 military vehicles.

28 percent of the company's total export revenue in 2023 was obtained from military vehicles.