Turkey still interested in Eurofighters despite progress on US F-16s
Reuters
Published Feb 01, 2024 10:15
Updated Feb 01, 2024 11:51
ANKARA (Reuters) - Turkey is still interested in buying 40 Eurofighter Typhoon jets, a Turkish defence ministry official said on Thursday after the United States advanced the $23 billion sale of its F-16 fighter jets to Ankara.
In November, Turkey said the country was in talks with Britain and Spain to buy Typhoons, though Germany objected the idea. At the time, a Turkish defence ministry source said talks had begun after Ankara recognised its request for F-16 jets from the U.S., first made in October 2021, might not work out.
Last week U.S. President Joe Biden's administration formally notified Congress of its intention to proceed with the sale of 40 Lockheed Martin (NYSE:LMT) F-16s and nearly 80 modernisation kits to Turkey, a day after Ankara fully completed ratification of the NATO membership of Sweden.
Although it does not expect Congress to block the F-16 sale, Turkey still wants to buy Eurofighter Typhoon jets, a Turkish defence ministry official said, speaking on condition of anonymity.
"We are still interested, we expect the consortium member Germany's positive approach on this issue," the official said.
The Eurofighter Typhoon jets are built by a consortium of Germany, Britain, Italy and Spain, represented by Airbus, BAE Systems (LON:BAES) and Leonardo.
Turkey, which is keen to upgrade its air force, is also developing its own national combat aircraft KAAN, in cooperation with BAE.
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.