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BMC in talks to sell Turkish shares to local steelmaker


BMC in talks to sell Turkish shares to local steelmaker
6 hours ago
An early version of Turkey s Altay tank participates in a military parade in Ankara, Turkey, on Aug. 30, 2015. (Burhan Ozbilici/AP)
ANKARA BMC, a joint Turkish-Qatari venture that manufactures armored vehicles and tanks, is in the late stage of negotiations to sell a majority stake of Turkish shares to a Turkish steel producer, sources told Defense News.
BMC is producing the Altay, Turkey’s first indigenous next-generation battle tank.
Sancak-Öztürk will sell 51 percent of their shares to Tosyalı Holding, a leading iron and steel producer, which also has close ties to Erdoğan. Tosyalı operates three facilities on three continents and produces six million tons of steel annually. The company employs over 10,000 people. Its other business interests include maritime, port operation, foreign trade and power generation. ....

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BMC in talks to sell Turkish shares to local steelmaker


BMC in talks to sell Turkish shares to local steelmaker
May 11
An early version of Turkey s Altay tank participates in a military parade in Ankara, Turkey, on Aug. 30, 2015. (Burhan Ozbilici/AP)
ANKARA BMC, a joint Turkish-Qatari venture that manufactures armored vehicles and tanks, is in the late stage of negotiations to sell a majority stake of Turkish shares to a Turkish steel producer, sources told Defense News.
BMC is producing the Altay, Turkey’s first indigenous next-generation battle tank.
Sancak-Öztürk will sell 51 percent of their shares to Tosyalı Holding, a leading iron and steel producer, which also has close ties to Erdoğan. Tosyalı operates three facilities on three continents and produces six million tons of steel annually. The company employs over 10,000 people. Its other business interests include maritime, port operation, foreign trade and power generation. ....

South Korea , South Korean , Ethem Sancak , Tayyip Erdo , Development Party , President Recep Tayyip Erdo , Defense News Top , Hyundai Rotem , Marmara Sea , தெற்கு கொரியா , தெற்கு கொரியன் , வளர்ச்சி கட்சி , பாதுகாப்பு செய்தி மேல் , ஹூண்டாய் றோடெம் , மர்மாரா கடல் ,

CAES signs exclusive agreement for 3D-printed radio frequency parts


CAES signs exclusive agreement for 3D-printed radio frequency parts
A 3D-printed system from SWISSto12 is tested. (SWISSto12)
WASHINGTON Cobham Advanced Electronic Solutions on Tuesday announced an exclusive agreement for American military equipment with SWISSto12, a firm specializing in 3D printing of radio frequency and electronics technologies.
The move positions CAES the 54th largest defense firm in the world, according to the most recent Defense News Top 100 to knock down costs and weight for RF parts used in space systems and radars, according to Dave Young, the company’s chief technology officer. The business rebranded to its shortened name last year. ....

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