Trade
(Source: UK Prime Minister’s Office; issued Jan 28, 2017)
(Excerpted from Theresa May’s press briefing in Ankara, Turkey)
Mr. Temel Kotil, CEO of TAI and Ian King, CEO of BAE Systems, signed the agreement to develop the TF-X project as the two countries’ Prime Ministers looked on. (Turkish MFA photo)
This is more than a trade deal – it is the start of a deep defence partnership that will contribute to our overall security.
At the same time, we are today announcing a new and unique government-to-government agreement between Turkey and the United Kingdom that sets a new framework for cooperation and dialogue between our governments including the defence ministries and air forces.
And we have also agreed to establish a trade working group to explore ways in which we can improve Turkish-UK trade.
These initiatives stand as concrete commitments to a strengthened relationship between us, which will help to ensure the continued security and prosperity of both Turkey and the UK. (end of excerpt)
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BAE Systems Signs Heads of Agreement for A Future Contract with Turkish Aerospace Industries for TF-X Programme
(Source: BAE Systems; issued Jan 28, 2017)
This announcement builds upon a pre-contract study phase between BAE Systems and TAI.
Signing this agreement in Ankara ahead of a planned contract with a value in excess of £100 Million, BAE Systems Chief Executive, Ian King, said: ‘‘BAE Systems is a leader in designing, manufacturing and supporting fighter aircraft and is in an excellent position to contribute technical and engineering expertise and experience of managing complex projects to this key Turkish programme.
“The announcement signals an exciting next step in relations between both Turkey and the UK with the co-operation between BAE Systems and TAI paving the way for a deeper defence partnership. The agreement confirms ongoing collaborative work on the design and development of the aircraft."
At its peak hundreds of Turkish and UK engineers will collaborate on the TF-X programme helping to support collaboration on the skills, technology and technical expertise required to deliver the programme.
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BAE Systems Aiming for Multi-Billion Dollar TAI-Up (excerpt)
(Source: Arabian Aerospace; posted Jan 27, 2017)
As part of Turkey’s national fighter programme, also known as TF-X, the Turkish Government launched a competition last year for a foreign collaboration company (FCC) to assist with the project.
The enormity of the job will not be lost on BAE Systems, with Turkey wanting the jet to fly in 2023, coinciding with the 100th anniversary of Mustafa Kemal Atatürk founding the secular Islamic state.
BAE Systems held off European rivals, Airbus Defence and Space (ADS) and Saab, to be selected late last year. It will work with TAI as FCC and negotiations over a four-year contract have been on-going for several months now, according to one source.
“There have been pre-contract studies between BAE Systems and TAI over the last few months and, once finalised, more contracts can be awarded. The FCC has joint responsibility for the design of aircraft with TAI and, together, they will work out the detail.”
If the discussions fail, then it will fall to ADS or Saab to deliver. However, most people expect to see the deal with BAE Systems signed within a few months.
A project management office, headed up by a two-star Turkish Air Force general, will oversee the whole process. The two organisations are working on a schedule for the sequence and scope of the contracts that need to be signed. (end of excerpt)
Click here for the full story, on the Arabian Aerospace website.
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