Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2025

Daily Sabah - Latest & Breaking News from Turkey | Istanbul

  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV

Turkish defense contractor BMC enters top 100 list

by Anadolu Agency

ISTANBUL Jul 24, 2019 - 12:59 pm GMT+3
 AA Photo
| AA Photo
by Anadolu Agency Jul 24, 2019 12:59 pm

Turkish vehicle producer BMC entered the most prestigious defense industry list, Defense News Top 100, for the first time.

The U.S.-based magazine Defense News' annual list on company sales was updated on Wednesday, after it did not include BMC due to an editorial mistake when it released the list on Monday.

"Due to editorial oversight, BMC was not included in the original Top 100 ranking released July 22, despite submitting the company's data before the final deadline," the magazine explained.

BMC, that posted $554.2 million defense revenue in 2018, shared 85th place with another Turkish defense company STM.

BMC produces different types of military vehicles including tanks and armored cars, as well as commercial cars -- busses and trucks.

With the update, the number of Turkish defense companies in the list reached five -- Aselsan, TAI, STM, Roketsan, and BMC.

The country's largest defense electronics company Aselsan ranked 52nd in the list with $1.8 billion defense revenue, while TAI ($1.05 billion) was listed on the 69th spot. STM appeared on the 85th place of the list with $564.8 million, and Roketsan ($522.8 million) ranked 89th.

The total defense revenue of these companies was over $4.5 billion in 2018, according to the magazine's data.

In the list, the first four places were taken by the U.S. companies, with Lockheed Martin ranking first with nearly $50.5 billion defense revenue.

While 41 defense companies were from the U.S., 10 firms were British, 8 Chinese, 5 Turkish, 4 South Korean, 4 French, and rest of them from around the world.

  • shortlink copied
  • KEYWORDS
    business
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Marking Migrants Day in a year like no other for the displaced
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • DS TV
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021