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Turkey Secures $700 M Jet Deal, Re-joins F-35 at NATO

7/7/2026

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Story summary
  • Turkey is leveraging the Ankara NATO summit to secure a $700 million GE jet-engine contract for its Kaan stealth fighter and to re-enter the U.S. F-35 program.
  • Summit leaders reaffirmed NATO’s 5 percent-of-GDP defense-spending target and pledged €70 billion to Ukraine for 2026, with a similar amount for 2027.
  • Turkey highlighted its $10 billion arms-export sector, featuring artillery shells, Baykar drones, tanks, a new stealth fighter and a corvette recently sold to Romania.