The Turkish company Baykar has recently announced an important drone deal with Saudi Arabia. This deal encompasses technology transfer and joint production. With an estimated value of $1.5 billion, the agreement involves Saudi Arabia purchasing armed Bayraktar TB2 drones from Baykar, as well as obtaining the license to produce these drones locally.
The technology transfer component of the deal holds great significance. It empowers Saudi Arabia to develop its own drone manufacturing capabilities, reducing its dependence on foreign suppliers for this crucial technology. This development represents a significant boost for the Saudi military.
Furthermore, the joint production element of the agreement carries substantial weight. It not only creates employment opportunities but also contributes to boosting the Saudi economy. As part of this collaboration, a new factory will be established within Saudi Arabia to facilitate the production of these drones.
This drone deal between Saudi Arabia and Baykar marks a momentous milestone in the Middle East. It signifies Saudi Arabia’s increasing reliance on Turkey as a source of military technology, while highlighting the growing significance of drones in the region.
Here are some additional details regarding the deal:
- The agreement was officially signed on July 18, 2023.
- Its total worth is estimated at $1.5 billion.
- Baykar will supply armed Bayraktar TB2 drones to Saudi Arabia.
- Additionally, Saudi Arabia will be granted the license to locally manufacture these drones.
- Through the technology transfer component, Saudi Arabia will enhance its drone manufacturing capabilities.
- The joint production aspect of the deal will not only generate employment but also bolster the Saudi economy.
- A dedicated factory will be constructed in Saudi Arabia to facilitate the production of these drones.
