Turkish Digest Advertising Rates

Annual Advertising options

Friday, September 27, 2013

Turkish authority cancels Koç Holding’s national warship contract

Turkish authority cancels Koç Holding’s national warship contract

ISTANBUL

Turkey’s top defense procurement body has announced it canceled a contract which was won by Koç Holding earlier to build a number of corvettes as part of the national warship project, or MİLGEM in its Turkish acronym, for around $1.5 billion, in a written statement.

More:BUSINESS - Turkish authority cancels Koç Holding’s national warship contract