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Turkey to boost defense spending 229% for 2027-2029

9/8/2026

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Story summary
  • Vice President Cevdet Yilmaz announced a 229% defense spending increase for 2027-2029.
  • The boost is the largest among seven priority areas in the Medium-Term Economic Program.
  • Funding will finance TF-Kaan fighter jet production, Bayraktar Kizilelma unmanned fighter deliveries, and over 10 Altay tanks.
  • Turkey signed a trilateral defense pact with Saudi Arabia and Pakistan promising mutual armed-attack support.