UAE Defense Firm Weighs Multibillion-Dollar Turkey Deals

  • EDGE seeks cooperation on missiles, drones, smart weapons
  • Abu Dhabi’s EDGE inks preliminary deals with Aselsan, Baykar

A Baykar Teknoloji drone.

Source: Anadolu Agency/Getty Images

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Abu Dhabi-owned defense company EDGE Group said it’s weighing billions of dollars of investments in Turkey after it signed preliminary deals with firms including Aselsan Elektronik Sanayi and drone-maker Baykar Teknoloji.

EDGE Chairman Faisal Al Bannai met with heads of major defense companies in Turkey to discuss possible acquisitions, joint development projects and purchase of military systems.