February 20, 2017 1:45 PM ET


Company Overview of Otokar Otomotiv ve Savunma Sanayi A.S.

Company Overview

Otokar Otomotiv ve Savunma Sanayi A.S. manufactures and sells automotive vehicles in Turkey. The company offers off road vehicles, armored vehicles, minibuses, midibuses and buses, light trucks, and cross-country vehicles. It also provides trailers and semi-trailers comprising curtainsider semi-trailers, tanker semi-trailers, refrigerated trailers, skeletals, and platforms; and tactical armored vehicles, including wheeled armored, tracked armored, and tactical wheeled vehicles, as well as turret systems. In addition, the company exports its products. It offers its products for passenger transportation, cargo transportation, and land defense systems. Otokar Otomotiv ve Savunma Sanayi A.S. was...

Aydinevler Mahallesi

Dumlupinar Caddesi

No: 58 A Blok


Istanbul,  34854


Founded in 1963

2,297 Employees


90 216 489 29 50


90 216 489 29 67

Key Executives for Otokar Otomotiv ve Savunma Sanayi A.S.

Otokar Otomotiv ve Savunma Sanayi A.S. does not have any Key Executives recorded.

Otokar Otomotiv ve Savunma Sanayi A.S. Key Developments

Otokar Signs Technology and License Deal with Afshan Industrial and Manufacturing Company

Otokar signed a technology and license deal with an Iranian company on the export and sale of its Navigo buses. The Otokar agreement with Iran's Afshan Industrial and Manufacturing Company (OGHAB) covered a three-year period with an option to extend by two years. Otokar is set to export Navigo buses as CKD to OGHAB to be mounted in Iran. The mounted vehicles will then be sold and marketed by OGHAB as Otokar brand. Based on the agreement, for the periods after the first year of the contract, a minimum of 500 vehicles will be secured on the condition that the vehicle complies with local legal requirements.

Otokar Otomotiv ve Savunma Sanayi Anonim Sirketi, Annual General Meeting, Mar 28, 2016

Otokar Otomotiv ve Savunma Sanayi Anonim Sirketi, Annual General Meeting, Mar 28, 2016.

Turkey Contracts Otokar for Cobra II Armored Vehicles

The government of Turkey has awarded Otokar a $52 million contract to support the production and delivery of the Cobra II Tactical Wheeled Armored Vehicle. Under the contract, Otokar will manufacture the vehicles for the Turkish security forces, with delivery expected to be completed in the first half of 2017. The contract also includes maintenance and support services. The Cobra II is a follow-up to Otokar's legacy Cobra Vehicle. According to the company, the updated platform provides upgraded technical and tactical capabilities, including improved mobility, higher ballistic and mine protection, and increased payload capacity. The 4x4 vehicle is designed for both urban and peacekeeping missions with an optional amphibious feature.

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