Banx Media Platform logo
TECHNOLOGYSocial MediaAR/VRHappening NowFeatured

Ankara Raises Defense Spending by 229% to Develop Domestic Technologies

Ankara has raised defense spending by 229 percent as Turkey seeks to develop technologies and reduce reliance on foreign suppliers.

W

William Bills

EXPERIENCED
5 min read
0 Views
Credibility Score: 84/100
Ankara Raises Defense Spending by 229% to Develop Domestic Technologies

Ankara has announced a 229 percent increase in defense spending, reflecting Turkey’s effort to expand its domestic military technology sector. The additional funding is expected to support research, production and modernization across areas such as drones, air defense, naval systems and advanced weapons. Officials say developing local capabilities could reduce dependence on foreign suppliers and strengthen security. The increase may also create opportunities for Turkish manufacturers, though it could raise questions about budget priorities, regional competition and long-term economic sustainability.

Published by Banx Network. This article is part of the Banx decentralized media programme, powered by the BXE token on the XRP Ledger.

Decentralized Media

Powered by the XRP Ledger & BXE Token

This article is part of the XRP Ledger decentralized media ecosystem. Become an author, publish original content, and earn rewards through the BXE token.

Newsletter

Stay ahead of the news — and win free BXE every week

Subscribe for the latest news headlines and get automatically entered into our weekly BXE token giveaway.

No spam. Unsubscribe anytime.

Share this story

Help others stay informed about crypto news

Related articles

Keep exploring the latest stories.

View more
Hanwha Aerospace to Link Targeting Drones With K9 Howitzers for Precision Strikes

Hanwha Aerospace to Link Targeting Drones With K9 Howitzers for Precision Strikes

Hanwha Aerospace plans to integrate targeting drones with K9 howitzers, improving battlefield surveillance and enabling faster, more precise artillery strikes.

New EU rules for durable, energy-efficient and repairable smartphones and tablets start applying

New EU rules for durable, energy-efficient and repairable smartphones and tablets start applying

New EU rules require smartphones and tablets sold in Europe to meet durability, repairability and energy-efficiency standards from June 20, 2025.

A Surprise Surge: MapQuest in the Spotlight

A Surprise Surge: MapQuest in the Spotlight

MapQuest topped App Store downloads after a viral incident involving its map of Lake Ontario and former President Trump, showcasing the impact of social media …