Daily Sabah
January 31, 2023

Türkiye inks $200M deal with S.Korean firm for parts of MBT Altay

A South Korean firm will supply transmissions for the engines to be used on Türkiye’s domestic main battle tank (MBT) project, Altay, which was on hold after a deal with a German company collapsed.

SNT Heavy Industries will supply Altay producer BMC with a 1,500-horsepower automatic transmission, the company said Monday.

It said the export deal includes $74.9 million of supply until 2027 and has an option for further sourcing priced at $141 million between 2028 and 2030.

The South Korean company said the deal was signed after a test evaluation, including an endurance driving test last year.

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Ankara has long criticized German authorities for not taking serious measures against the PKK, which is listed as a terrorist organization by Türkiye, the United States and the European Union….

Media reports said previously that BMC was also negotiating an agreement with two South Korean companies, Doosan Infracore Co. and S&T Dynamics Co., for the engine and transmission.