Otokar Aims to Grow With Technology Transfer and Local Manuf
Stay informed with our
free newsletters

This news is classified in: Defense Combat Vehicles / Artillery

Dec 7, 2023

Otokar Aims to Grow With Technology Transfer and Local Manufacturing Opportunities in Latin America

Otokar, Turkey’s global land systems manufacturer participates in Expodefensa 2023, the headline Latin American defense and security exhibition, between December 05-07, in Bogota, Colombia. During the three-day exhibition, Otokar will showcase its own design and production of armored military vehicles family along with its turret systems. Visitors will also be informed about Otokar’s distinctive capabilities in land systems such as expertise in technology transfer and local manufacturing.

Highlighting that Otokar is a listed NATO and United Nations supplier, General Manager Serdar Görgüç, said, “Today, nearly 33 thousand Otokar military vehicles are actively in service in more than 40 countries and nearly 60 end users in different climates and geographies around the world. Penetrating Latin American market is one of our top priorities. Therefore, Expodefensa is exceptionally important for Otokar in order to meet our current and potential customers and develop further and deeper relationships. Expodefensa is also an important event for establishing industrial cooperation opportunities in order to create local added value operations in the entire region where Otokar has a well-established and proven track record.”

Stating that Otokar is among the global players in defense industry Görgüç continued: “Otokar continuously strengthens its position in the international defense industry. We stand out with our ability to respond quickly to ever-changing requirements and needs of end users thanks to our design, test, and manufacturing capabilities. In the last decade, we had allocated 7% of our revenue for our R&D and testing activities. We reflect the experiences we gain in different climates and geographies around the world on our vehicle development activities. We analyze different needs and expectations of our users, simulate these requirements in house and develop solutions that meet these requirements in the fastest manner thanks to our excellence in R&D, engineering and testing.” 

Military Armoured Vehicle Market Report 2024-2034

Military Armoured Vehicle Market Report 2024-2034

Forecasts by Point of Sale (Original Equipment Manufacturer (OEM), Retrofit), by Category (Combat Vehicles (Main Battle Tanks (MBTs), Infantry Fighting Vehicles (IFVs), Armoured Personnel Carriers (APCs), Armoured Amphibious Vehicles (AAVs), Mine-resistant Ambush Protected (MRAP), Light Protected Vehicles (LPVs), Self-propelled Howitzers (SPHs), Air Defence Vehicles, Other Combat Vehicles), Combat Support Vehicles (Armoured Supply Trucks, Armoured Command & Control Vehicles, Repair and Recovery Vehicles, Bridge-laying Tanks, Mine Clearance Vehicles, Other), Unmanned Armoured Vehicles) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis

Download free sample pages